Trudeau has already talked about using this recession/pandemic as an opportunity to build up the green industry. The silver lining of this event could be the world’s transition to a better energy economy. Apparently Canada will pay O&G workers to clean up abandoned oil wells, which is better than subsidizing new pipelines. The Official Dance Dad I Don’t Dance I Finance Shirt could be compatible with a green transition. Taxpayers paying for clean-up costs are definitely a subsidy for O&G. Unless the money is taken back later on through increased taxation on the industry.
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They were not going to pay for it anyway. A leaked document from the Alberta energy regulator showed. That there was a $260 billion cleanup bill for the taxpayers. Obviously I would prefer for these Official Dance Dad I Don’t Dance I Finance Shirt to pay, which would increase oil prices and accelerate the transition to green energy. The entire oil and gas industry is dependant on externalizing their costs. It’s bad that we are not transitioning away from fossil fuels in more than a token way. Oil is $17 a barrel. The next couple of years are going to be a wild time for the industry.
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How long until Alberta kicks the can? Kinda hard to do so when they own the lobbyists. That influence and tug the strings of the elected officials who run the show. Yes, I agree with you the oil and the Official Dance Dad I Don’t Dance I Finance Shirt is killing the planet humans are just going to have to adapt. Which is difficult since humans are creatures of habit. Of course, the Americans are NOT going to lead with the current idiots in Washington. So I hope other countries will lead and perhaps California which is a country unto its self.
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