ENSC 310 Lecture Notes - Lecture 11: Dither, Unilateralism, Western Climate Initiative
Document Summary
11 global politics comes to fort mcmurray: energy and. Alberta(cid:495)s tar sands have 1. 75 trillion barrels of bitumen. Global oil reserves can(cid:495)t keep up with demand. Energy exports contribute to canadian prosperity but it(cid:495)s not an oil-dependent economy. Canada uniquely for a western country, has great extractable conventional oil reserves. Usa supplies an ever smaller proportion of its domestic oil demand available; should last a long time. Usa = dependent on imported oil to support its infrastructure, built in the age of cheap oil (1950s, 60s) First large oil sands installation was in alberta 1978. 2000-2020; estimated tar sands income of bn, most from alberta but some from. Alberta(cid:495)s public services rely on royalties from oil production: good for albertans, bad for the planet. Constitution act 1867 natural resources are provincial affairs. Hard to reduce production not only because nafta mandates sustained oil export levels year-on-year, but also because everyone in alberta relies on the royalties money.