DrCaleb DrCaleb:
Yea, because the government using the pandemic to squash indigenous rights in order to foster an industry that has outlived it's time is not essential.
Outlived it's time and is not essential?
Tell me how in the near future your green energy conglomerate is going to replace the approximately $170 billion dollars annually that the oil sector puts into the economy which is without counting electricity about 6% of our GDP?
Here's the 2012 figures but apparently they're still pretty accurate even after 8 years.
$1:
The production and delivery of oil products, natural gas and electricity in Canada contributes about $170 billion to Canada’s $1.8 trillion gross domestic product (GDP), or just under 10%.
So when you take the 2% off of the 170 billion for electricity you get a total of 166.6 billion dollars And that's just federally. The energy producing provinces one of which you live glean alot more of their provincial income from the oil industry.
$1:
The fossil fuel industry is a larger share, as much as 25%, of the economies of the oil producing provinces, although there are significant refining, pipeline and distribution activities throughout the country. The 1.9% contribution of the electric power industry to Canada’s GDP is more evenly spread across the country, although there is still some provincial variation. The electric power sector generates one percent of Alberta’s GDP, where electricity use is restricted mainly to end uses where there is no practical alternative (lighting, appliances, small motors, telecommunications, and information technology). In contrast, in Quebec, where electricity is used extensively for space and water heat and provides about 40% of all energy end uses in the province, the industry generated 3.4% of provincial GDP.
But what about the "good paying jobs" since the thousands of employees of this non essential industry can't all work at Wendy's?
$1:
EMPLOYMENT
While the fuel and electricity industry employs a large number of people by virtue of its size, especially in the oil and gas producing provinces, it is a capital intensive and technologically sophisticated industry and its share of employment is low compared to its share of GDP, especially for the upstream extraction and refining activities. Compared to its 9.7% share of GDP, the energy sector generates only 2.6% of direct employment in the Canadian economy, or about 391,000 jobs in 2012. For the fossil fuel-related industries, employment is heavily concentrated in the producing provinces (except for gas station employment, which is spread evenly throughout the country). Employment in the electric power industry is also spread evenly throughout the country.
http://www.energy-exchange.net/fuel-ele ... er%2010%25.
It took some searching but here's what the "essential" green energy gives back to our countries GDP.
As of 2017, 298,000 Canadians (more than 26,000 in Alberta alone) were employed in
Canada’s clean energy sector, which currently represents 3 per cent of Canada’s GDP, or around $57 billion in 2017. For context, the direct contribution of agriculture, fishing, hunting and forestry to our nation’s economy was 2.1 per cent, and of the hotel and restaurant industry, 2.3 per cent.
https://www.macleans.ca/opinion/canadas ... gy-sector/So let's see. Approximately 166,6 billion vs 57 billion leaves you with a shortfall of 109 billion dollars to our annual GDP. So unless you people have a great idea of how to generate that much annual revenue from Green or other non oil resources it will have to be made up somewhere and that somewhere is going to be out of your pocket through taxes.
So, I'd suggest that the oil industry hasn't outlived it's time and is still essential to Canada and the provinces if only financially because it's going to be awhile before the Green energy giants like Li Hejun, of Hanenergy Holdings can make up the financial shortfall, if they ever do.