Quote:
Originally Posted by you&me
I think we're on the same page... I've often said that the companies populating Calgary's downtown core are (or should be considered) energy companies... A lot of the skill sets, infrastructure, etc are fairly easily transferable to renewables, etc... While it's easy to criticise, there's a lot of brain power running those companies and while some might miss the boat, it seems unlikely to me that the majority of O&G workers - rather than finding a transition - will simply pack their bags & close up shop while saying "we had a good run"
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Yes, our views are not that different but I think our conclusions differ.
I used to agree but over the last 5 years most of the companies in Calgary have dropped their masks with regard to being "energy" companies. They are dumping renewable projects left and right and appear to be stripping down their workforces to the bare bones needed to keep the lights on while the people at the top maximize profits.
Truly, I do not think the brainpower at the top of these companies care at all about the future of Alberta. They are going to make so much money that the moment Alberta is unprofitable they will have new jobs making profit somewhere else in the world. It is the workers who are going to get crushed by the lack of a transition plan for the province.
Smith has driven away $33B in investments into renewable energy in Alberta, which eliminates a lot of those energy transition jobs that people should be moving into as they are removed from the O&G sector. If Alberta has no new jobs and no new industry then what are the unemployed people going to do? Packing their houses and leaving may become their only choice.