Quote:
Originally Posted by Azure
Not sure how you don't see that shuttering oil development in the US & Canada is now leading to the US asking other countries (who produce less green oil) for more oil which will lead to more emissions, while all being done in the name of being green. The same could be said for shutting down nuclear plants in California, Europe and many other regions. Germany basically blew up their nuclear energy production to appease the environmentalists. Now their coal production is off the charts.
Shutting down fossil fuel development in the name of 'going green' has not led to less fossil fuel usage. It has led to more.
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Shuttering is the new name for record production in Alberta? I agree there are major barriers to expanding production but little action towards reducing production. Yes it’s frustrating that other jurisdictions can supply the incremental demand, but kicking off a Teck mega project isn’t going address that anytime soon, and investors are betting that the demand will wane long before a Teck is profitable.