Comment by verelo
3 months ago
The irony that they figured out how to eliminate rats, but can’t diversify from oil and gas is pretty special.
3 months ago
The irony that they figured out how to eliminate rats, but can’t diversify from oil and gas is pretty special.
It's unsurprising from a financial perspective, since both oil and gas (directly) and rat eradication (indirectly) make the province a ton of money.
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 think the more interested in short term benefits than long-term success.
> 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...
[1]: https://www.fraserinstitute.org/commentary/alberta-governmen...