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Currently viewing articles tagged with Energy Security.
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Secret documents expose Ottawa’s tar sands enemies list
Minister Oliver has gone so far as to say that he expects the Joint Review Panel (JRP) to rule in favour of the Enbridge pipeline. Meanwhile, internal documents detailing the government’s strategy for promoting oilsands projects overseas, released by Greenpeace, labelled environmental groups, First Nations groups and the media as “adversaries.”
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Peak Oil and Alternative Energy
The world is beginning to wake up to the fact that peak oil is real. Various financial institutions, as well as oil companies, independent geologists, the U.S. Army Corps of Engineers and a range of corporations eager to cash in on alternative energy sources have stressed its importance. Sweden and Norway have both initiated plans to be essentially free of fossil fuels by 2020, and a small number of municipalities are beginning to incorporate energy consumption and production into their core planning activities. In other words, plans are already underway to prepare for an energy future that no longer relies on cheap energy.
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Responding to the Challenge of Peak Oil
Over the past two years the price of oil has climbed relentlessly. This is true not just of the volatile spot price, but also of the five-year futures price, which for many years held reliably close to the U.S. $20 mark. At this time of writing, both the spot and futures prices are near $70. North Americans know that this translates to high gasoline prices, and, since they can scarcely live without their cars, many are worried and angry.
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