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Wednesday, May 11, 2011

Gillian Steward: Alberta gets a warning about relying on oil (in the Toronto Star)

"...a startling new report commissioned by Premier Ed Stelmach sets out a bold new course for Alberta and its energy industry that could have national consequences.

"For starters, it suggests that Alberta will lose its prosperity advantage within 30 years if it doesn’t soon realize that expensive oil from the oilsands could eventually be replaced by other fuels and energy sources that are cheaper to produce and less damaging to the environment. ...

"So far, the report has been endorsed by some economists, environmentalists and energy industry leaders but it may soon be shelved. Stelmach is set to resign by the end of the year and his successor may have no interest in pursuing any of it.

"That would be a shame. Shaping Alberta’s Future is full of bold and intelligent ideas that deserve serious consideration both inside and outside the province."

Full article: Steward: Alberta gets a warning about relying on oil.

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