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Tuesday, July 5, 2011

Merran Smith: When oil goes out of fashion (in the Toronto Star)

Merran Smith directs the New Energy Vision for Canada project at Tides Canada, a national charitable foundation

"“We must plan for the eventuality that oilsands production will almost certainly be displaced at some point in the future by lower-cost and/or lower-emission alternatives,” the panel [a panel convened by Alberta Premier Ed Stelmach to come up with a vision for the future of Canada’s oil-rich province] states. “We may have heavy oil to sell, but few or no profitable markets wishing to buy.”

"These aren’t the words of environmentalists looking through green-tinted glasses. They come from former international trade minister David Emerson, chair of the Shaping Alberta’s Future panel, which included GE Canada CEO Elyse Allan, former Bank of Canada governor David Dodge, and former Stelco CEO Courtney Pratt, among others. ...

"... we can — and must — create a national energy vision that positions Canada to prosper and lead through this revolution. It is a national mission — our national imperative — that should unite us all."

Full article: When oil goes out of fashion.

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