One last oil boom. Covid does enough damage to world wide oil that our thermal assets end up being in Demand again as price is in the Goldilocks zone for green energy not to be viable, and shale isn’t viable.
The job losses and Salary cuts during Covid reset the Calgary labour market making diversification possible while oil recovered.
Global warming is now ignored because Covid recovery dwarfed it.
Average Salary in Alberta drops to much closer to the national average, taxes rise, but unemployment also drops as well.
Then in the last oil boom we decide to cut taxes, driving investment and wages higher and piss the last boom away. But in 2030 in the middle of the last oil boom it will be great.
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