Alberta’s perilous financial dependence on tar sands

The politics of controversial proposed pipelines across North America have been commanding too much of our attention in recent years. They disguise what’s really at stake: The continued, long-term prosperity of Alberta, the country’s most affluent region. A perilous combination of factors is conspiring against Alberta continuing to reap royalties from its Athabasca tar sands, upon which the province’s finances are overly and dangerously reliant…

Quite simply, the day is coming when the world won’t need the bother of converting Athabasca’s gunk into oil. That’s an alarming prospect for our one “have” province that so far commands practically no constructive attention. As long-term economic management goes, that qualifies as reckless endangerment.

See also, ‘Judge grants injunction against Alberta labour law that imposes contracts’, by Dean Bennett, The Canadian Press, Feb. 15, 2014

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On Sept 19, 2023 ahead of the Climate Ambition Summit in New York City, climate activists gathered for a rally and civil disobedience outside Bank of America Tower in Midtown Manhattan as part of the March to End Fossil Fuels wave of actions resulting in multiple arrests. Activists demand Bank of America to “Defund Climate Chaos and Defend Human Rights” Photo: Erik McGregor (CC BY-NC 2.0 Deed)

Let’s Save Each Other

Let’s Save Each Other

Illustration by Stephanie McMillan. Used with permission