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FINLAYSON: Fossil fuels not going away anytime soon

14 0
22.05.2024

At a time of persistent cost of living pressures and mounting worldwide geopolitical tension, it’s not surprising that energy issues are in the spotlight in Canada and beyond.

Earlier this year, the Trudeau government decided to freeze its carbon tax for home heating fuels in Atlantic Canada in the face of ferocious opposition to further tax hikes from premiers, local communities and MPs in the region. Smart politicians understand that Canadians today are attuned as never before to energy prices, including fuel prices at the pump.

With policymakers in Canada and elsewhere also preoccupied with climate change, we are exposed to sharply conflicting narratives about the future of energy. In one corner are those who spy a rapid and epic shift away from the fossil fuels that still supply 80% of the world’s energy. In the other corner are skeptics who doubt that the dominant place of fossil fuels in the energy system will soon disappear.

As........

© Edmonton Sun


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