The key to environmental wellness could lie within the oil and gas sector, which have the power to impose tougher controls on the emissions of greenhouse gasses. Unfortunately, for this to occur, Canada needs to be able to charge a much higher price for oil.
The extra revenue that this would generate would mean that the sector was able to deal with stronger government controls on emissions, which would be a strong way forward for the wellbeing of the planet.
Oil and gas companies would also be able to use this money to invest in cutting edge technology to help tackle the massive global problem of pollution.
Canadian crude oil currently falls a long second to American oil, but there are proposals for Keystone XL pipeline as a way forward to ensure that the Canadian oil commands the respect that it deserves.
Canadian crude is currently sold in the U.S. for a fluctuating prices, but the price that it commands is substantially less than what oil normal fetches on the global market. Installing a new pipeline from Canada to the coast in Texas would give the market place better access to the Alberta oil.
It is a complex issue, however, as environmentalists the world over are suspicious of the proposed Keystone XL pipe, believing that it represents increased greenhouses gasses emitting from Canada in the future.
This has led to further delays on the project, the decision on which has now been delayed until the summer of this year.
Ottawa is also lobbying for better market access for its oil. The sector promises that plans are well underway for reducing greenhouse gas emissions, thus making the deal positive for the environment, rather than negative.
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