Originally posted by chuckChuck
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Latest IEA report looks more realistic. Looks like world oil production and consumption could increase right up to 2050. The only country that gets wealthy under your scenario Chuck2 is China. Also read an article in the Financial Post by Gwyn Morgan in which he is discussing how Carney’s way to make companies more competitive is to disadvantage them on the world stage with higher carbon taxation. From the article: “Bjorn Lomberg has reported between the election of the Trudeau government in 2015 through 2023, fossil fuels share of Canada’s energy supply increased from 75 to 77 percent.” “The Fraser Institute has found that Ottawa and the four biggest provinces have either spent or forgone a mind numbing $158 billion to create just 68,000 clean jobs, increasing the green economy by a minuscule 0.3 percentage points to 3.6 percent of GDP—at an eye watering cost of $2.3 million per job.”
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