Renewables-only advocates have seized upon the pandemic as a way to pressure federal politicians into using their powers to deep-six Canada’s domestic oil and gas industry, writes Stewart Muir. Current circumstances offer a once-in-a-lifetime chance to usher in a new era of consequence-free energy drawn from carbon-free sources, or so the argument goes. Some pressure groups want the government to treat our oil and gas industry the way financial firm Lehman Brothers was foolishly allowed to collapse in 2008, with terrible domino consequences. A far better idea is funding assistance like General Motors received during the same global crisis. The move saved a million jobs and turned out to be a bargain for taxpayers. Seasoned mandarins and anyone with an economics course under their belt will be asking a whole bunch of questions at this point. For example, if Canada gets out of the fossil fuel business as some now demand, how will the limited exportabil...
A discussion on political, economic and social issues in British Columbia, and Canada