[Bunk]

Alberta/Calgary needs to start preparing for transition of some sort. One thing we know for sure is the world will always need energy in one form or another. If it's electricity that fuels many things including private transportation (about 40% the use of oil if I recall correctly) we have to hope our Oil and Gas companies begin to move into production, distribution, storage, investment of electricity and related products/services.

A lot of citizens, governments, institutions, investors, innovators, etc are very concerned about climate change, so there's seems to be a major drive toward innovation to help mitigate and solve this global problem. Will our companies like Cenovus, CNRL, Encana, Suncor, etc etc be a part of driving that innovation, or are they going to dig in and put all their eggs in the basket of products that others are trying to reduce demand for through technological innovation?

What if there are major advancements in battery technology, making an electric automobiles economically viable to the broad public over the next two decades? It won't eliminate the internal combustion engine overnight, but even if it puts a big dent in the oil demand curve in the next 20 years, that will drastically affect the price of oil and the viability of higher cost extraction that we have here in Alberta. What do we do then?

In my mind, we have to maintain our position as energy power, but find ways to motivate our companies to help lead this (seemingly likely) transition this century. Hey, be a big player globally in replacing coal to another source to produce electricity and that will keep us viable for ever.