Excellent book providing history and economics of oil (focus on tar sands) and agriculture in Western Canada, encompassing world environmental considerations and Canadian political (Stephen Harper) aspects
An excellent book showing how much we have to do to save the environment for our grandchildren.
This book is about the need for the world economy to steer towards a low-carbon future in order to avoid climate catastrophe. It examines the effects of the Alberta Oil Sands on the value of the Canadian dollar and on the rest of the Albertan and Canadian economies. And it discusses pipelines, rail tankers, the current shifts in supply and demand, the drop in the price of oil and its effects on the Canadian dollar. The author then turns his attention to the future – the effects on our economy of the unavoidable climate change we have already created. In this light, he looks at agriculture, water resources, hydro power and the opening of Arctic shipping routes. He also discusses personal investment opportunities.
An over-arching message of the book is the utter folly of Steven Harper’s promotion of the Oil Sands as the focal point of the Canadian economy, his denial of climate change and his short-sighted view of the country’s economic future. The book was written before the 2015 election and it highlights how critically important it was to remove Harper from power.
Rubin obviously understands the economics of fossil fuels and much of the climate change issue but, in my view, he misses the point on many other environmental and social issues. He doesn't always see the big picture. In his discussion of the benefits to Canadian agriculture to be realized by climate change – especially the ability to grow corn on the prairies – he talks about big agri-business and genetic modification in a positive tone and he doesn’t mention the large carbon footprint of conventional big agriculture. I find some of the ideas presented here to be quite frightening. Likewise, his discussion of our water resources and the Arctic shipping routes. The information presented is very interesting and very accurate but I would have preferred to see it examined from a different philosophical perspective.
The book is well organized and the writing is reasonably good but I found it a bit repetitive. It is worth reading for the analysis of the fossil fuel industry and climate change and their effects on the Canadian economy but the later sections dealing with the future should be read critically.
A good summary of the burst carbon bubble that Canada has just experienced. The author covers a number of topics in this economic angled book, including: the early oil industry of Canada; development of the oil sands; the XL pipeline folly; railway networks; water resources; renewable energy; and food.
I enjoyed reading this book, which was not too economic in nature. Despite being in the resource sector myself I was surprised by some of the new facts I gleaned.
You can hear the author discussing the book on CBC's "The Current" with Anna Maria Tremonti on Tuesday July 28, 2015. Check the website for a link to the podcast.
Will this be available at WPL in print version any time soon?
Good journalistic writing, well reasoned arguments, interesting conclusions, (mostly) apolitical; worthwhile and easy read.
This book should be required reading for Canadians, especially Albertans. Released in 2015, this readable guide provides an excellent overview of current economic, ecological, and political issues related to carbon-based industries.
“Popping Canada's 'Carbon Bubble' good for economy, says Jeff Rubin” . .
http://www.cbc.ca/radio/thecurrent/the-current-for-may-19-2015-1.3078640/popping-canada-s-carbon-bubble-good-for-economy-says-jeff-rubin-1.3078678 and from . . . The Globe and Mail” : . . . http://www.theglobeandmail.com/authors/jeff-rubin
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