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Originally Posted by Bagor
I have no straight answer for that but can only speculate for IMO the largest polluters.
O & G. No choice. Have to stay where the resource is.
Mining: Same
Auto: I'm presuming they're here because of wages and the Unions down south. I'll admit it's one industry which could be affected detrimentally.
Energy: The market is here.
Re: energy and the rest I would hope that there would be some sort of tax credit similar to the credits in a cap and trade system for producing (and maybe a lesser credit for purchasing) clean energy.
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No choice for the O & G companies? Hardly. It's a global market and if it is too expensive to get the Oil / Gas here, they'll find it somewhere else - Russia? Middle East? etc.
Yes, the Oil and Gas is here, but there is absolutely no reason why the companies have to get that oil now. If it is too costly to get it now, they'll wait until later, capping wells, shutting down production, and leaving it until later. As mentioned in this article (which I have not completely read, just found it while searching for something else):
http://www.sfgate.com/cgi-bin/articl...G46CMUPL60.DTL
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Fort McMurray's boom time has been a long while coming. The first large mine began operations in the 1960s. But for the next few decades, as oil prices often sank below the $25-a-barrel cost of recovering crude from the sands, the deposits were viewed as a vast money hole, as an improbable long- term investment play by deep-pocketed oil majors.
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As illustrated by this quote, companies had already waited for 30-40 some years to get the oil... if they have to wait another 20, they won't hesitate.
Then again, maybe that is Dion's Green plan... make the cost of a barrel of oil too high for the Oil Sands to be profitable, to stop the "ecological destruction", with no care for the economy....