Quote:
Originally Posted by CorbeauNoir
When's the last time a government has revoked a tax outright? So long as the carbon tax extortionately punishes any oil company that wants to do buisness in Alberta, there's no incentive for them to ever return and ergo no means for the O&G to ever recover the way it did 30 years ago. People, rightly or wrongly, are becoming convinced of the imminent extinction of O&G as an energy source with a level of conviction that wasn't possible of conceiving in the 80s and companies like Tesla, rightly or wrongly, are feeding into that perception in a manner that didn't exist 30 years ago.
You're right, you can't assume the future is a straight linear line - that's why it's disingenuous to claim what's happening now is exactly the same as what happened in the 80s crash. What's happening now goes so much further beyond the sterile math of percentages and output - it's an ideological war of attrition being waged against us from literally all sides that couldn't have ever been possible to wage back then.
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Oh, I am well aware of what is going on, and I only mentioned the 80s as a passing reference. Still, your projecting a linear course to disaster that is based on todays news. The difficulties in Alberta right now are much worse then they should be and are certainly exasperated by the removal of all US regulations while making Canadian regulations more stringent(for example, the next government will certainly remove the hard cap on oil sands emissions).I don't believe that the divergence in regulations will continue in the long term.
Certainly I am comfortable with disagreeing with you and moving on. Your very passionate about this topic but you seem to think that all is a forgone conclusion, thats where we disagree.
Personally, from a sports perspective I like the Green Bay Packers model, which is also very common in European football. If the Flames really are tied in to the community like some people seem to think that may be the way to go. The arena is a sore spot where the Flames ownership and Calgarians are in two completely different wavelengths, the current performance if the team will exasperate that(again a sort term influence that gets projected to the long term). Lets be clear that regardless of the economical climate, Calgarians have always been frugal when it comes to these kinds of things and the 1988 olympics are a clear example of that. What I am saying is that this would be a problem even if oil was at 100.