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USA Today (November 9)

2015/ 11/ 10 by jd in Global News

“Innovation is the key to moving from dirtier fuels to cleaner ones.” To the joy of environmentalists, President Obama rejected the proposed Keystone pipeline to carry oil from Canadian tar sands to the U.S. “The main factor behind Obama’s decision is something environmentalists hate even more than Keystone: hydraulic fracturing, or fracking,” which has added over 3.5 million barrels per day to U.S. domestic production. “The lesson for climate change is obvious… If we want to keep oil (and coal) in the ground, we need to make other forms of energy cheaper. That means nurturing technologies such as natural gas extraction. It also means promoting another technology that environmentalists love to hate: nuclear energy.”

 

Bloomberg (July 16)

2012/ 07/ 19 by jd in Global News

“For the first time in recent history, the average Canadian is richer than the average American…. The net worth of the average Canadian household in 2011 was $363,202, while the average American household’s net worth was $319,970.” Canadians are also enjoy a lower unemployment rate at 7.2% versus 8.2% for the U.S. Canadians are benefiting from the Alberta tar sands, which now ranks as the world’s third largest oil reserves.

 

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