[Tinordi]

Originally Posted by Wiggum_PI

Article today from the Fraser Institute on potential impact of NDP Climate Change Plan.

How Alberta's Carbon Emission Cap Will Reduce Oil Sands Growth



https://www.fraserinstitute.org/stud...l-sands-growth

To get a sense of the quality of that report take a look at Table 1. They apparently can't get the basic arithmetic straight let alone be making future revenue forecasts and costs per tonne.

Look at the 450 ppm scenario. World growth from 2014 to 2040 is 91%?

Oil demand 2014: 90.6
Oil demand 2040: 74.1

Growth stated in report: 91%
Actual growth: -19%

I mean, this is basic stuff. I wouldn't trust any of the top-line numbers in this report at all.