How the new ndp govt is downplaying the oilsands.....

Summitric

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THIS IS VERY DISTURBING.... HOPE ALL YOU NDP VOTERS ARE PROUD OF THIS. ALL YOU GUYS IN THE PATCH NEED TO RETRAIN IN A KNOWLEDGE-BASED CAREER... HAHAHA :( :




How the Alberta government is trying to downgrade the oilsands

Notley plans to transition Alberta away from oil, toward a knowledge-based economy
The government of Alberta has released its Climate Leadership Discussion Document, which is supposed to inform citizens about climate change and prepare them for a public opinion survey on the subject.
Every Albertan should read the Document closely. It makes it abundantly clear that despite all the nice words that the Notley government has been throwing around in meetings with oil company executives and oil and gas investors, the oilsands have very little place in her administration’s vision of Alberta’s future.
On page 7 of the Document, we learn that “Alberta has much more to offer Canada and the world than its energy products.” Alberta, we are told, can “transition to a knowledge-based, lower-carbon economy.” On page 8 we’re told that the vision which belongs to “all Albertans” is one of “sustained” economic growth, and “steady” job-creation.Not a strong economy, not a booming economy, not Canada’s strongest economy, but one that is “sustained” and “steady.”
Digging into the Document, we find that in the entire section labelled “Alberta’s Vision,” the oilsands are not mentioned at all. But we should rejoice, because the Document goes on to tell us that “Reducing emissions does not mean halting all economic activity.” Rather, it envisions downshifting to something “sustainable” within a changing global market that, we’re told early in the report, doesn’t want high-carbon fuels any more.
In the entire section labelled ‘Alberta’s Vision,’ the oilsands are not mentioned at all
So how do we get to this green Shangri-La of an Alberta composed of clerks tracking wind turbines and solar panels? The Document offers up the standard laundry list of failed (or rejected) green policies.
For the oil and gas sector? Some combination of “much higher” carbon pricing, technology initiatives, and subsidies for green technology head up the wish list, followed by performance standards on everything from products to technology to fuel choice, and/or standards for the entire sector.
For the electricity sector? Alberta gets the dubious privilege of following Ontario’s Green Power disaster, with feed-in tariffs to subsidize wind and solar power, tax credits and subsidies to producers of “green” energy; Renewable Energy Certificates; government-backed loan guarantees and power purchase agreements; and, of course more performance standards such as Renewable Portfolio Standards. How did that approach work in Ontario? Badly. Power prices skyrocketed, and are slated to continue to rise while Ontarians subsidize Americans to use their wind power.
Lest you think you’re getting off the hook in your personal life, the goal for the transportation sector is “Increasing use of public transit, encouraging car-pooling, fuel taxes, clean vehicle technology and transportation design techniques that minimize vehicle use and promote active transportation.”
How will that happen? You guessed it — still more carbon taxes used to build transit infrastructure and perhaps more performance standards, and government mandates to transition fleet vehicles to alternative and renewable energy sources.


Finally, there’s the ever popular “energy efficiency and conservation measures” for homes and businesses. Here we’re told,“Energy efficiency improvements can be one of the most cost-effective ways to improve the affordability, and reduce the environmental impact of energy consumption.”

Apparently, the authors of the Document missed a recent study by Fowlie et al. that looked at the effects of America’s largest residential energy efficiency program on a sample of 30,000 households, and found that the up-front costs came out twice as high as predicted, and the energy savings were 2.5 times smaller than predicted. The Fowlie study concludes: “Even when accounting for the broader societal benefits of energy efficiency investments, the costs still substantially outweigh the benefits; the average rate of return is approximately -9.5 per cent annually.” And efficiency standards for office buildings don’t fare much better.
Despite all the talk from the Notley government about continuing to develop Alberta’s oilsands, the plans offered in the Document call for a wrenching change in Alberta’s economy, away from energy development.
Now, some Albertans may want that. But either way, the premier should be honest about where she plans to take Alberta so that, at the very least, Alberta’s energy sector can start checking the rents in Saskatchewan and British Columbia.
Kenneth P. Green is senior director, natural resource studies at The Fraser Institute.
 

lilduke

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The tar sands are an open sore on the planet and would be almost completely automated in 20 or 30 years anyway(or sooner). That is the last place id ever go(back) to work.

Water, will be the new "oil" of the 21st century. Reclamation could be a gooder too...
 

Cat401

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The tar sands are an open sore on the planet and would be almost completely automated in 20 or 30 years anyway(or sooner). That is the last place id ever go(back) to work.

Water, will be the new "oil" of the 21st century. Reclamation could be a gooder too...

It's not tarsands.........It's OILSANDS!!!!! Grrrrrrrr.......:realmad:
 

Bnorth

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So you wouldn't rather have a sustainable economy with steady long-term growth rather than the ups and downs currently influenced by the whims of political leaders both domestically and abroad?

Let's face the facts. More oil is being produced now than ever in our history and we are also using more and more alternative means of energy which has led us to our current situation where we have the most oil in storage since the 1930's. We don't need expanded oil production, couple that with the fact that the oilsands will never be a low cost producer and the long-term future is not too rosy. The middle-east, Russia, and US shale producers all have a lower cost per barrel and healthy proven reserves. I'm not saying shut down the oilsands, just don't expect it to be as good to your kids or grandkids as it was to you and start thinking about the future.
 

ZRrrr

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Fraser Institute is heavily funded by right wing idealogues who are neither scientists nor statisticians so the article makes sense from that perspective. Recent employment numbers in the US show that "knowledge based" (i.e. Alternative Energy) jobs have exceeded those lost in the traditional energy sector. A net gain driven by the alternative energy industry.

I agree with lilduke....want to be on the forefront of the next boom....get into water and reclamation.
 

ZRrrr

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...and Iran, whom used to be the third or fourth largest oil producer, is about to turn on the taps again. Pretty sure they will want to make cash quickly so their price per barrel is yet again going to come cheap, cheap, cheap. We all better get used to the fact that the world of oil is going through an upheaval.

So you wouldn't rather have a sustainable economy with steady long-term growth rather than the ups and downs currently influenced by the whims of political leaders both domestically and abroad?

Let's face the facts. More oil is being produced now than ever in our history and we are also using more and more alternative means of energy which has led us to our current situation where we have the most oil in storage since the 1930's. We don't need expanded oil production, couple that with the fact that the oilsands will never be a low cost producer and the long-term future is not too rosy. The middle-east, Russia, and US shale producers all have a lower cost per barrel and healthy proven reserves. I'm not saying shut down the oilsands, just don't expect it to be as good to your kids or grandkids as it was to you and start thinking about the future.
 

Teth-Air

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As a small business owner I will be holding off giving much if anything for raises to my staff this year as I have to pay 2% more Alberta taxes. I have some on staff who voted NDP and now it comes full circle to them. Unfortunately they could not foresee this at election time and unfortunately those who voted for others are also punished.
Also don't complain when your Big Mac goes up $2 because the kid serving you is making $31,200 per year. ($15/hour) Sure that is not much when you are supporting a family but what about those part time high school kids that just want a bit of spending cash while living for free with their parents? Sorry it is not directly about the Oil Sands but my business indirectly relies on oil money.
 
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eclipse1966

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if I were a CEO for one of the energy giants I would create a new division for clean energy as that is where the future will be. This way they can continue their core business in oil/gas but be set up for the inevitable.
 

X-Treme

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As a small business owner I will be holding off giving much if anything for raises to my staff this year as I have to pay 2% more Alberta taxes. I have some on staff who voted NDP and now it comes full circle to them. Unfortunately they could not foresee this at election time and unfortunately those who voted for others are also punished.
Also don't complain when your Big Mac goes up $2 because the kid serving you is making $31,200 per year. ($15/hour) Sure that is not much when you are supporting a family but what about those part time high school kids that just want a bit of spending cash while living for free with their parents? Sorry it is not directly about the Oil Sands but my business indirectly relies on oil money.

Pretty sure the tax increase only applies to large corporations. NOT small business.
 

Teth-Air

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Pretty sure the tax increase only applies to large corporations. NOT small business.

What do you consider small? We have over 20 people across Western Canada in my water treatment business. We have not seen anything yet telling us the size cut-off.
 

X-Treme

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What do you consider small? We have over 20 people across Western Canada in my water treatment business. We have not seen anything yet telling us the size cut-off.

Profits of OVER $500,000. If your TAXABLE INCOME (Profit) is less than $500,000 than you will continue to pay only 3%. It's all right on the Alberta website.

Sounds like you want to penalize your employees for voting how they wanted.
 
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Bnorth

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What do you consider small? We have over 20 people across Western Canada in my water treatment business. We have not seen anything yet telling us the size cut-off.
Are you a CCPC (Canadian Controlled Private Corporation)?
 

Keith Brown

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Haven't found a single person that will admit to having voted for these clowns. Guess they don't want to end up like the dentist that shot the pet lion in Zimbabwe a few weeks ago. On the bright side ever day that go's by is one day closer to having Knotthead and here clowns down the road kicking horse turds. 1277 Days to go but whose counting?
 

Keith Brown

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The oil sand is the second largest proven oil reserve on the planet second only two Saudi's. It will be an important resource for the planet longer than anyone can foresee. With out it this province would have economy similar to the state of Montana. Say good bye to low tax's and your standard of living I don't care what you do or how you do it. Take a drive south to Sweet Grass or Sunburst MT it will give you a feel how the knowledge based economy will look for our grand children
So you wouldn't rather have a sustainable economy with steady long-term growth rather than the ups and downs currently influenced by the whims of political leaders both domestically and abroad?

Let's face the facts. More oil is being produced now than ever in our history and we are also using more and more alternative means of energy which has led us to our current situation where we have the most oil in storage since the 1930's. We don't need expanded oil production, couple that with the fact that the oilsands will never be a low cost producer and the long-term future is not too rosy. The middle-east, Russia, and US shale producers all have a lower cost per barrel and healthy proven reserves. I'm not saying shut down the oilsands, just don't expect it to be as good to your kids or grandkids as it was to you and start thinking about the future.
 

Cat401

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Profits of OVER $500,000. If your TAXABLE INCOME (Profit) is less than $500,000 than you will continue to pay only 3%. It's all right on the Alberta website.

Sounds like you want to penalize your employees for voting how they wanted.

if they voted New Dummer Crats....maybe they should be penalized...fawking idiots!!!!!!

sometimes its better not to vote than vote stupid and uninformed!
 

Bnorth

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The oil sand is the second largest proven oil reserve on the planet second only two Saudi's. It will be an important resource for the planet longer than anyone can foresee. With out it this province would have economy similar to the state of Montana. Say good bye to low tax's and your standard of living I don't care what you do or how you do it. Take a drive south to Sweet Grass or Sunburst MT it will give you a feel how the knowledge based economy will look for our grand children

I'm not saying it's not important and I'm not saying shut it down. I'm saying when you are the high cost producer you are the first to feel the pinch and make curtailments and you are the last to startup when things turn around. Hardly stable. For another great example of this but on a smaller scale look at Tumbler Ridge and what it historically does when coal prices fluctuate.
 
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