Canada

I feel like those predictions may have relied on the previous growth of alternative energy sources. But with the new reality of today the demand maybe be driven up for much further then 2030. And starting completely new pipeline projects might not be the best I agree. But putting a rush on existing project should be prioritized I’m my opinion. This clears the bar of national emergency in my books and for that reason alone it should be afforded the appropriate level of response. And even if the peak happens, we have no way of knowing how long it will take the industry to decline to the levels where these pipelines may not be worth it keeping. Most of these predictions rely on technologies that don’t exist yet to keep being invented. There is a non-zero possibility that oil remains a requirement for us and world wide customers in the near/far future. I just think that Canada can do something to capitalize on its oil resources while we figure out how we can cut our dependence to them. Also we need to find way to bring revenue streams to the oil producing provinces. This will strengthen our national unity and help us come together in the face of a fairly adverse situation. Would give us time to invest in alternatives revenue streams for the same provinces so we don’t just one day turn off the taps at once and cut them off of Any way to make a reasonable living.

There are a lot of benefits to forging forward here even if we limit our selves in the name of not over investing like you point out and getting stuck with the bag when oil eventually gets sidelined.