Satya in Globe and Mail: Why the OECD Tore a Strip off Alberta
Jeffrey Simpson has written a comprehensive piece on the perspective of the OECD on the failures of Alberta's leadership to environmentally and fiscally manage the oilsands.
"The Organization for Economic Co-operation and Development in Paris, however, can't be so easily dismissed. In diplomatic language, the organization tore a strip off Alberta for its short-sightedness in energy policy. In contrast to Norway and Chile, the OECD found that Alberta isn't building up a fund from oil and gas revenues to be used for the benefit of future generations.
There are Albertans such as Satya Das and Peter Silverstone who've written intelligent books proposing other tax and royalty policies to "green" the oil/tar sands. Inside the industry, those who think something should be done about emissions want a serious carbon tax. Predictably, the politicians aren't listening; they're dug into policies that look good on the surface but are certain to expensively fail."
Read the full article by Jeffrey Simpson here, and order a copies of Satya's and Peter's books here.
