Quote:
Originally Posted by Fuzz
I'm saying that's a poor long term strategy, because relying on what is ultimately a dead end resource leaves us unprepared for that day. Nothing wrong with using that income and maximizing it to what is reasonable and balanced, but it shouldn't be what we depend on. If that's the strategy, it's a poor one.
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Not that I disagree we shouldn’t be diversifying big time (we absolutely should, and Alberta in particular- personally I think we should go full tilt into healthcare like Houston did) but I really don’t think oil and gas is “going anywhere”.
If you look into research of any energy forms over time they never really go away, we just end up using more and more and more energy. For example coal, we’ve never used more of it than right now. Forget where I saw that chart.
But maybe your argument is that the economic system that hinges on constant / continual growth is flawed, and I would agree with that. But, not sure what the right answer is to address that.
So yeah, all these people saying oil and gas is going away- there just isn’t much evidence to support that I don’t think. I could see demand dropping, but going away or being replaced? Nah.
Anyway more to the point / what you were saying- I just think you have two basic premises of what value you can offer the world. Harvest / sell your resources or make stuff. You don’t get to do neither.
Well- you can- but then you end up like Canada with a super sketchy economic future and extremely reduced standard of living. And I guess if that’s what you want, maybe you’re the one that should move to sub Saharan Africa or something instead of changing how everyone else who lives here wants to live. But then you might find when you get there that those places are in fact also trying to achieve our standard of living and the environment probably ranks around 300 on list of things to care about.