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It is around 25% of Alberta's GDP. Much of the service and secondary industries that derive profits as a result of that industry and are directly affected by it

It is around 25% of Alberta's GDP. Much of the service and secondary industries that derive profits as a result of that industry and are directly affected by it. So if that industry dies, there will be far reaching effects since there is nothing to take its place. The service economy which is a much larger part would be significantly effected.

vkou 8y ago
And the population of Alberta is only ~12% that of Canada. It's addiction to oil is dragging the rest of the country down every time there's a drop in oil prices - as well as in our obligations to meet our carbon commitments. Right now, 33 million people have to suffer, and pay more for energy, because one province is increasing its carbon output. Edit: I am not a bastard, and I fully think that other provinces need to financially help Alberta disentangle itself from the tar sands. But it needs to be ready to accept this help, first.
- SketchySeaBeast 8y ago
  If you listen to the rhetoric in Alberta, many Albertan's feels they are paying more than their fair share - there's talk this election cycle about somehow renegotiating the transfer payments. It's all talk about rolling back subsidies for alternative energy, and going even more whole hog into O&G. I'm an Albertan and I don't get it, I don't get it at all. I'll be voting for what seems to be the losing party this election.
  - robbrit 8y ago
    > I'll be voting for what seems to be the losing party this election. You might be surprised. Last election we saw spots of orange and red appear in what was once always blue. Demographic change appears to be moving against the Conservatives and the oil industry.
    - SketchySeaBeast 8y ago
      I'm hoping that's the case. I'm also aware that you have to say you're voting UCP in a lot of places in Alberta, or you'll be under intense social pressure. I hope I'm pleasantly surprised.

vkou 8y ago

And the population of Alberta is only ~12% that of Canada. It's addiction to oil is dragging the rest of the country down every time there's a drop in oil prices - as well as in our obligations to meet our carbon commitments. Right now, 33 million people have to suffer, and pay more for energy, because one province is increasing its carbon output. Edit: I am not a bastard, and I fully think that other provinces need to financially help Alberta disentangle itself from the tar sands. But it needs to be ready to accept this help, first.

SketchySeaBeast 8y ago
If you listen to the rhetoric in Alberta, many Albertan's feels they are paying more than their fair share - there's talk this election cycle about somehow renegotiating the transfer payments. It's all talk about rolling back subsidies for alternative energy, and going even more whole hog into O&G. I'm an Albertan and I don't get it, I don't get it at all. I'll be voting for what seems to be the losing party this election.
- robbrit 8y ago
  > I'll be voting for what seems to be the losing party this election. You might be surprised. Last election we saw spots of orange and red appear in what was once always blue. Demographic change appears to be moving against the Conservatives and the oil industry.
  - SketchySeaBeast 8y ago
    I'm hoping that's the case. I'm also aware that you have to say you're voting UCP in a lot of places in Alberta, or you'll be under intense social pressure. I hope I'm pleasantly surprised.