Benefits of Hydrocarbons

Who benefits most from government ‘green’ policies? Usually it is the companies that produce renewable energy, not citizens or the environment. For example, 602 birds and 1,270 bats were killed by wind turbines at a single Ontario wind farm between July and December of 2009.

Aggressive carbon pricing schemes that depend upon routing taxpayer dollars to ‘green’ projects are making energy and other goods more expensive for Canada’s poorest. Canadians in provinces where these policies have been implemented are having to choose between heating their homes and buying groceries to feed their families. Some are walking away from their homes because they can no longer afford to power and heat them. This is the ‘heat or eat’ conundrum.

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Counter-Points


Counter-Point : Increased energy use from hydrocarbons has actually been strongly connected to a better quality of life and higher GDP.

 

  • Different organizations like Emissions Reduction Alberta are investing in the environment, lowering 42 million tonnes of CO2 by 2030, making the Canadian oil and gas industry the top of its class.
    https://www.eralberta.ca/projects/#results

Studies

Fossil Fuel Divestment and Its Potential Impacts On Students, Faculty and Other University and Pension Stakeholders

Title:   Fossil Fuel Divestment and Its Potential Impacts On Students, Faculty and Other University and Pension Stakeholders Author:  Prof. Hendrik Bessembinder Publisher:  Arizona State University, University of Washington, and Compass Lexecon Date: April 2017 Full Text Article Summary: The costs of divestment are equivalent to annual tuition increases (or equivalent reductions in

Species Extinction – The Facts

Title: Species Extinction – The Facts Author: International Union for Conservation of Nature Publisher:  International Union for Conservation of Nature Date: 2007 Full Text Article Summary: Despite apocalyptic claims, the extinction numbers are a far cry from the millions that certain groups propose. The actual recorded number: 869 species since the year 1500.

Fossil Fuel Divestment: A Costly and Ineffective Investment Strategy

Title:  Fossil Fuel Divestment: A Costly and Ineffective Investment Strategy Author:  Prof. Daniel R. Fischel, Publisher:  Compass Lexecon Date: N/A Full Text Article Summary: The costs to investors of fossil fuel divestiture are highly likely and substantial, while the potential benefits – to the extent there are any – are ill-defined and uncertain at

Canada’s Air Quality Dramatically Improved Despite Increased Energy Use

Title: Canada’s Air Quality Dramatically Improved Despite Increased Energy Use Author: Ross McKitrick and Elmira Aliakbari Publisher: Fraser Institute Date: May 17, 2017 Summary: Despite a growing economy and increased consumption of fossil fuels, Canadian air quality has improved drastically since the 1970s. Full Text Article Summary: In recent decades, Canada has experienced something many

The Social Benefits of Fossil Fuels

Title: The Social Benefits of Fossil Fuels Author: Joseph L. Bast and Peter Ferrara Publisher: The Heartland Institute Date: May 30, 2018 Full Text Article Summary: Humankind’s historic and ongoing use of fossil fuels has resulted in huge benefits for people, wildlife, and ecosystems. Five of those benefits are documented here.

Fossil Fuel Divestment and Public Pension Funds

Title:  Fossil Fuel Divestment and Public Pension Funds Author:  Prof. Daniel R. Fischel, Christopher R. Fiore, Todd D. Kendall Publisher:  Compass Lexecon Date: June 2017 Full Text Article Summary: Based on wellaccepted economic theory and the academic literature studying previous divestment attempts, the study concluded that fossil fuel divestment has minimal

Fact Sheets