Article content

Canada’s energy industry is in crisis mode. Our economy stands to lose over $45 billion annually due to the massive discount at which we sell oil to the U.S. because governments and environmental activists have blocked the construction of pipelines to tidewater.

Their opposition is based on a profound belief that we must rapidly reduce our dependency on Greenhouse Gas (GHG) emitting fossil fuels or climate change will inflict irreparable harm to life on the planet. However, that belief is at best grossly exaggerated or simply false.

We apologize, but this video has failed to load.

tap here to see other videos from our team. Try refreshing your browser, or OLIVER: Climate change alarmists seriously harm the economy Back to video

Dire prophesies about climate change have failed to materialize. Eleven years ago the World Wildlife Fund warned we had five years to save the world from catastrophic climate change. Seven years ago, the International Energy Agency predicted there were five years left.

Predictions have also been wrong, sometimes spectacularly, about temperature increases, endangered polar bears, disappearing polar ice and islands sinking into the sea. As well, computer models consistently overestimate warming.