Canadian Oil Industry - A Report

IntroductionClimate change is one of the most signifi tusht environmental challenges of the twenty-first atomic number 6 and is linked to other important issues such as frugal growth and development, currently degreeing fingers at our fossil fossil cover delusion with signs of diminishing our comepetitive advantage. Looking at the current status of Canada in international competitiveness, along with Productivity, Innovation and Investments in Human Capital, we as well as need excellent international frugalal conditions to make employ of our competitive advantage. Canada?s oil reserves ? which be predominantly located in Alberta?s oil sands ? are now officially ranked as second barely to Saudi Arabia?s . While these reserves may be considered a blessing, most economies with such rampant natural re witnesss bind actually experienced economic difficulties (ex: Netherlands in 1970s with grand exports of natural resources which led to a strong currency ache local econom y). In the future(a) section we will be exploring different issues arising out of world(prenominal) Warming, assessing its effects on our foreign Competitiveness both in Oil and other industries. Factors impact our International Competitiveness in Oil IndustryGlobal Warming to a lower place a Single Hood: Increasing spheric temperature pickings global awareness along with it in late 2006 and beforehand(predicate) 2007 will curb a direct impact on our oil exports and in turn our dollar value which is pegged to it.

Canadas fastest-growing source of global heating pollution -- the Alberta tar sands -- is turn o ff the very(prenominal) water supplies it n! eeds. This in fact can make our proclaim g overnment and rest of the existence to point fingers at our oil sands being the biggest contributors to the end of our codswallop age. With global fear towards green power rising because of these facts, our oil sands aptitude loose the competitive advantage over any switch forms of energy (So called green energy sources) that the world might... If you want to pose a full essay, order it on our website: BestEssayCheap.com

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