Oil giant readies for landmark declaration on impact of climate-change legislation, markets worry that dropping prices could take a dramatic toll
Apr 02, 2014
One of biggest accidental releases of oil isn’t coming from a burst pipeline or derailed train tanker
Feb 18, 2014
U.S. State Department report suggests oil sands development will continue with or without the controversial pipeline - but would it?
Feb 07, 2014
Blindly chasing production has meant higher costs even as oil prices sit at historically high levels
Jan 27, 2014
Forget debt levels, housing bubbles and softer economic growth - for the Canadian dollar, it’s all about oil
Jan 17, 2014
The province has experienced a rash of plant closings recently, and with a lacking currency cost advantage, new investment doesn’t seem to be in the cards
Dec 30, 2013
Five years ago there were plans to building a LNG terminal outside Quebec City. But that essentially changed overnight
Dec 09, 2013
Fracking may be paving the way to energy independence, but that doesn’t mean Big Oil has the infrastructure in place to handle shipments
Nov 14, 2013
Riding the ups and downs of the TSX means a big bet on carbon-based stocks
Oct 31, 2013
European refineries are suffering, while Alberta oil is trading at discount prices
Oct 24, 2013
In his follow-up to his award-winning and number one best-selling first book Why Your World Is About To Get A Whole Lot Smaller, former CIBC World Markets chief economist Jeff Rubin asks a fundamental question: “What will it be like to live in a world without growth?”
The end of cheap oil means the end of the easy answers to renewing prosperity. Neither zero interest rates nor huge budget deficits are a substitute for affordable energy. From the BRICs to the PIIGSs, every economy in the world is downshifting into a much lower gear. And after racking up huge debts fighting the last oil-induced recession, this time around governments have little left to stimulate growth.
But is a world of soaring oil prices as apocalyptic as it might first appear? Or will we find some silver linings as we are forced to downsize our energy usage? Could the implications for global carbon emissions and climate change be as hopeful as those for growth are sobering? He explores the challenges and possible remedies in The End of Growth.