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Circling back on this: "Why can't we be like Norway and use the profits from oil to make our energy infrastructure greener? Why does it have to be a zero-sum ga
by cmrdporcupine 3y ago
Circling back on this: "Why can't we be like Norway and use the profits from oil to make our energy infrastructure greener? Why does it have to be a zero-sum game?"
Why indeed? You might recall there was a federal government that attempted to engineer this kind of scenario, 40ish years ago, in the form of the National Energy Program. I grew up hearing all about the horrible NEP and the horrible things it tried to do to Alberta... We're still living with the fall-out from that, and in large part .. a lot of the western hate for Trudeau Jr. is deflected flack from Trudeau Sr's attempt to enact what you just asked for.
At least Lougheed made an attempt at something like what Norway has in the form of the Alberta Heritage Fund. But it didn't go far enough and has been chipped away at by his successors.
- cmrdporcupine 3y agoOh, and one more point since I can't edit this... isn't this basically what a carbon tax is anyways? I'm sure if Alberta had proposed that to the feds -- that instead of collecting carbon tax revenue that it take money from oil revenues and invest it in a green energy fund -- the feds would have been fine with that. They were fine with the Ontario/Quebec/California cap'n'trade system before Ford killed it. But you know that Alberta would never accept or suggest such a thing.