Elizabeth May is wrong about oil and gas

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Elizabeth May is wrong about oil and gas via fpcomment

In her May 19 comment responding to John Ivison, Elizabeth May attempts to reinforce her previous claims that investment in Canada’s oil industry is not worthwhile but investment in renewables is. Among other things, she argues that Canada’s oil industry makes only a small contribution to government revenues — though she does so by focusing on revenues generated in the years since 2015, when oil prices declined.

Ms. May notes that in recent years investment dollars have left the Canadian oil and gas industry so that the industry currently finds itself in difficult financial circumstances. But she fails to mention why the industry has fallen on hard times. Over the past three years, federal government decisions encouraged by environmental organizations like the one Ms. May leads were responsible for the loss of $32.

It is not mainly the market that has harmed the oil and gas industry. It is Canada’s own citizens, including Ms. May and her followers To be sure, declining international crude prices have also reduced the funds available for investment in the Canadian industry. But investment has increased sharply elsewhere — the U.S., for instance — even as it has declined in Canada. It is not mainly the market that has harmed the oil and gas industry. It is Canada’s own citizens, including Ms. May and her followers.

 

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fpcomment What wrong with her? Send her back the school !!!

fpcomment One of Canada’s greatest astronauts... I mean “Space Cadets First Class”!

fpcomment 'Perhaps this is because the industries she favours, wind and solar, are uneconomic sources that cannot survive in the marketplace without subsidies.' As opposed to oil? Canadian oil has been surviving off subsidies since 2015.

fpcomment We woke up one morning and fell a little further down - For sure it's the valley of death I open up my wallet And it's full of blood

fpcomment She's wrong about everything. cdnpoli

fpcomment As someone who generally leans right, the Greens need good representation not crazy. May was what they needed when she came onto the scene and built that party to what it is, the party just needs a refresh.

fpcomment Elizabeth May ElizabethMay hasn't been right about anything. Green Energy has been exposed as an unworkable solution, wind and solar are unreliable sources of energy.

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