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The Carbon Bubble: What Happens to Us When It Bursts (2015) by Jeff Rubin [Dr Soc] epub

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  The Carbon Bubble: What Happens to Us When
It Bursts by Jeff Rubin
  2015 | ISBN: 034581469X, 0345814703 | English | 320 pages | EPUB | 2.4 MB
  
  For the first time at book length, bestselling author and economist Jeff Rubin addresses Canada's national economic
future–and the financial security of all Canadians. 
  Since 2006 and the election of the 1st Harper
government, the vision of Canada's future as an energy superpower has driven the political agenda, as well as the
fast-paced development of Alberta's oil sands and the push for more pipelines across the country to bring that bitumen
to market. Anyone who objects is labeled a dreamer, or worse–an environmentalist: someone who puts the health of
the planet ahead of the economic survival of their neighbours.
  
  In The Carbon Bubble, Jeff Rubin
compellingly shows how Harper's economic vision for the country is dead wrong. Changes in energy markets in the
US–where domestic production is booming while demand for oil is shrinking–are quickly turning Harper's
dream into an economic nightmare. The same trade and investment ties to oil that pushed the Canadian dollar to record
highs are now pulling it down, and the Toronto Stock Exchange, one of the most carbon-intensive stock indexes in the
world–with over 25 percent market capitalization in oil and gas alone–will be increasingly exposed to the
rest of the world's efforts to reduce carbon emissions.
  
  Rubin argues that there is a lifeline to a better
future. The very climate change that will leave much of the country's carbon unburnable could at the same time make some
of Canada's other resource assets more valuable: our water and our land. In tomorrow's economy, he argues, Canada won't
be an energy superpower, but it has the makings of one of the world's great breadbaskets. And in the global climate that
the world's carbon emissions are inexorably creating, food will soon be a lot more valuable than oil.
  
  
  
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