Canada as Energy Superpower?
Oil, coal, gas, unconventional hydrocarbons -- you name it, Canada has it. In addition, Canada has rich mineral resources, including uranium. Canada even has a large hydropower resource to call upon to supply between 15% and 20% of its energy. For the next 20 years, at least, Canada will be in a comfortable position in terms of energy economics. Just don't let the carbon hysterics botch it all up.
As Peter Boag, president of the Canadian Petroleum Products Institute, noted recently in his presentation to the Senate standing committee on energy, environment and natural resources that gasoline and diesel -- fossil fuels -- will still be needed and make up the lion's share of how Canadians transport themselves and their goods for the foreseeable future. The same applies to the rest of the world. That's due to simple physics: "They store large amounts of energy in a relatively small space and are therefore ideally suited for transportation use," said Boag in his presentation.
...Even the International Energy Agency, in its recent forecast looking ahead to worldwide energy use 25 years from now, forecasts that even for its most radical carbon replacement plan and most hopeful energy efficiency plans, many of the technologies needed are not yet available and that many others require substantial refinement and cost reductions.
So by 2035, traditional sources of energy will still make up the vast bulk of energy usage -- and this despite the IEA's urging for governments to spend trillions over the next decades on alternative energies and hoped-for technological breakthroughs. _Sun
The US Obama regime has been working behind the scenes to shut off imports of Canadian oil sands to the US -- using the carbon hysteric's rationale. But reality has already over-ruled the Obama regime on more than one occasion, and is likely to do the same on this particular point.
Giant oil sands pipeline in the works