The largest growth of energy demand is projected to be in China, Southeast Asia and India.
Bill C-48 includes a moratorium of large oil tanker traffic off northern B.C.
Since 2015, the Alberta government has increased corporate income taxes and implemented a carbon tax.
The $16 billion Energy East and Eastern Mainline pipeline proposal was regulated to death.
The word “pipeline” does not appear in the Wealth of Nations, but what the Danube is to ordinary shipping, pipelines now are to the delivery of oil and gas.
Thankfully, Alberta might dodge the bullet this time around.
Prime Minister Trudeau’s remarks at the World Economic Forum in Davo unfortunately reflect an attitude of discomfort with Canada’s resource economy.
The real “resource curse” is the way successive Alberta governments squandered revenues from resource development.