The Carbon Bubble: What Happens to Us When It Bursts by Jeff Rubin
Requirements: ePUB Reader, 2.4MB
Overview: 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.
Genre: Non-Fiction, Business, Environment
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