3 ms·
The irony that they figured out how to eliminate rats, but can’t diversify from oil and gas is pretty special.
by verelo 4mo ago
The irony that they figured out how to eliminate rats, but can’t diversify from oil and gas is pretty special.
- gucci-on-fleek 4mo agoIt's unsurprising from a financial perspective, since both oil and gas (directly) and rat eradication (indirectly) make the province a ton of money.
- verelo 4mo agoGiven the trajectory of the world’s on, it seems pretty obvious to me that diversifying from oil and gas is required for a long-term sustainable economy. I think the more interested in short term benefits than long-term success.
- gucci-on-fleek 4mo ago> Given the trajectory of the world’s on, it seems pretty obvious to me that diversifying from oil and gas is required for a long-term sustainable economy. I agree that that would be a good idea, but oil and gas are so deeply embedded in the local culture that it won't be very easy to convince everyone else that it's a good idea. > I think the more interested in short term benefits than long-term success. There is unfortunately a tendency to do that here [0] [1] :( [0]: https://en.wikipedia.org/wiki/Alberta_Heritage_Savings_Trust_Fund#Criticisms https://en.wikipedia.org/wiki/Alberta_Heritage_Savings_Trust... [1]: https://www.fraserinstitute.org/commentary/alberta-governments-new-budget-officially-puts-halt-heritage-fund-deposits https://www.fraserinstitute.org/commentary/alberta-governmen...