I realize that the major incentive to continue with off-shore drilling is to avoid having to depend even more on purchasing foreign oil, but this country needs a wakeup call in order for us to seriously decrease our dependence on oil period. Being dependent on foreign countries to provide us with oil is only one part of the problem; the real issue is that we are addicted to oil and have so far stubbornly refused to make a major change in this area. Driving less, investing in electric cars and taking public transportation are all viable, potential ways to address our problem with oil. If the disaster in the Gulf was not horrible enough to produce major change on both an individual as well as a global basis, I can’t imagine what it will
The main reason that a government imposes a tax on fossil fuels is to try and correct for the negative externality (pollution) which is produced when they are consumed. Without the tax there would be a market failure as car owners would be over consuming petrol as they are not being charged for the damage to the environment. There are 3 key aspects to this question which are; those that lose from a reduction, those that gain from a reduction and finally at what level the overall price for petrol was before the tax reduction. The major argument for maintaining the level of taxation on petrol and diesel is to protect the environment. When the social costs of consuming a good are higher than the private costs, there is said to be a negative externality.
However, when Canada increased the price tariffs, the price of the t-shirt would increase once it entered the other country. So now, the retail price of the Canadian shirt would be, for example, eighteen dollars. Now the priced has increased, no one will buy the t-shirt from Canada, Mainly because the American one is cheaper.  The U.S.A may have also even cut the trading and/or importing with Canada but they have learned their lesson by not including such high tariffs when trading with other countries from Middle East and
California’s Energy Issues Are Californians going to be left in the dark in the near future? It certainly appears like there are many forces that are pushing us in that direction. It isn’t secret that companies like Enron were definitely working on that idea for almost ten years. I find it extremely hard to believe that California, known as a fifth largest economy in the world is having a similar energy problem as some of the those underdeveloped African countries. In the last couple of years California has experience sky high energy and gasoline prices and even blackouts.
With the prices adjusted for inflation, these are record low prices for the first time in over 35 years (1). This has helped to stimulate America’s economy and make the country more energy independent for the first time in decades. There may be negative connotations associated with the enviroment that come along with fracking, but it is hard to neglect the overwhelming statistics and benefits that stem from fracking into these new energy reserves. The facts make it hard to ignore fracking as an amazing source of energy and economic boom in the past and predicted upcoming years (2). But however many benefits have come from it, there are still serious risks.
Environmental Issues surrounding the Canadian Oils sands and the Social Impact on Canadian Citizens Joe McNamara 4540639 GEOG 2P50 There is dirty business going on in Western Canada. An enterprise with severe ecological and social impacts has become a staple in the Canadian economy at the price of our lush prairie environment. We are susceptible to influences based on our physical environment and a landscape devastated by industry cries out for retribution and redemption. Canadian oil sands span across “715 km2 of boreal landscape”; this entire area has been destroyed for the ability to retrieve this precious resource (Raab & Bayley, 2013, p. 97). Oil sands are “a mix of sand, water,
The 21st Century Energy Boom: An In-depth Analysis of the Benefits of Hydraulic Fracking The controversy of hydraulic fracking is mainly funded by energy corporations and environmental organizations, with the government slowly encroaching after public outcry. With the bias of pro-fracking from energy companies wanting to make money from newly found American natural gas prospects and the anti-fracking claims from environmentalist who are against drilling or operations on American soil wanting very restricting regulations on fracking that would make the process cost more and thus not have the economic benefits that are present now. Through the use of several databases, I have found several different articles that strengthen both sides of
The economic benefits of the Kyoto agreement are rarely tabulated when opponents consider the costs - benefits such as technological advancement and innovation for the future, savings due to conservation and reduction on oil dependency (and protection from possible significant increases in oil costs in the near future), as well as reduction in the economic effects of wildly fluctuating petroleum pricing. With the way the U.S. has been behaving lately vis-a-vis international cooperation, we have to be very cautious about what we are willing to sign. No other country in the world is as affected by U.S. economic actions as Canada
Matthew Redman Grade 11 Law CLU3M1-01 Should Marijuana Be Legalized? Marijuana like any other drug is harmful to a person’s body and should not be consumed. It isn’t nearly as bad as some of other drugs though, and some scientists believe that it is less harmful than fully legal alcohol. If Marijuana were to be legalized experts say that it would bring billions of dollars into our economy. It would end lots of drug crimes, and possibly stop major drug gang wars.
It seems like money has bought over morality, who really gives the cold shoulder to a dying planet? Apparently companies like Koch Industries finds it amusing to do so. They are guilty of delaying renewable energy and advancements in stopping global warming by shushing everyone up with big piles of cash. Sadly, anyone can be forced to speak or can be put down with just a few bucks nowadays. Many fossil fuel industries tend to lie about clean renewable energy; the main lie is usually how it’s to expensive to use green energy and it’s much cheaper to stick to fossil fuels.