Jason Kenny can huff and puff until he鈥檚 a rich Conservative blue, but there are too many factors beyond his control to blow the house down.
Kenny is peddling a product that fewer and fewer people want 鈥� the world鈥檚 most carbon-intensive, expensive oil.
Its best customer, the United States, may become a net exporter later this year when the vast Texan Permian Basin begins delivering $30-a-barrel oil onto world markets.
It鈥檚 foolish to think that boom times will return, or that climate change can be ignored.
The world needs to decrease fossil fuel production at least five per cent annually, if we are to heed the Intergovernmental Panel on Climate Change鈥檚 exhortation to massively decrease greenhouse gas emissions.
Everyone knows how this story will end.
The world is moving towards a renewable, low-carbon energy future, and the first casualties will be high-cost, high-carbon sources like the tar sands which just can鈥檛 compete in a world of low prices and declining demand.
Mike Ward
Duncan
