We could halve our energy and material consumption and this would put us back around the level of the 1960s. We could cut down without losing anything important. Life wasn’t horrible in 1960s or 70s Europe. People from Copenhagen would no longer be able to fly to Singapore for a three-day visit, but so what? Not much is going to happen to their lives. People don’t realise how much slack in the system we have.
Generators now on drawing boards will be left uneconomical
Development would be a dramatic reversal of fortune for gas
Natural gas-fired power plants, which have crushed the economics of coal, are on the path to being undercut themselves by renewable power and big batteries, a study found.
We’re clinging to fantasies while the world crumbles. And we like it that way.
Andrew Nikiforuk is an award-winning journalist who has been writing about the energy industry for two decades and is a contributing editor to The Tyee. Find his previous stories here.
As of last year, close to one thousand institutions with three per cent of global savings under management have engaged in some form of divestment from fossil fuels.
The Trudeau government and the petrobloc (the fossil fuel industries and their political, financial and media allies) would like you to believe that the expansion of the Trans Mountain pipeline (TMX), intended to triple the flow of diluted bitumen from the Athabasca Sands to the port of Vancouver, is a done deal.
But the latest approval of TMX by the Trudeau government and the industry-friendly National Energy Board does not settle the issue.
