Peak oil fails to register with Gordon Campbell and Carole James

The two main provincial political parties, the B.C. Liberals and the B.C. NDP, don’t like talking about peak oil. They both seem to think it’s good public policy to build a new multibillion-dollar bridge across the Fraser River.

Today, I’ve been reading Jeff Rubin’s startling new book, Why Your World Is About to Get a Whole Lot Smaller: Oil and The End of Globalization (Random House Canada, $29.95). And I’ve got to say, it’s pretty depressing to think that the two people with a shot at becoming premier both seem completely oblivious about international oil markets.

Rubin is not some left-wing flake who can easily be dismissed by B.C. Liberal Leader Gordon Campbell and NDP Leader Carole James. He’s the former chief economist at CIBC World Markets, and he presents a compelling case that the future is not going to be a continuation of the past.

Sky-high oil prices caused the global recession. And as soon as the economy starts to recover, it will likely be hobbled again by rapidly rising oil prices.

Straight.com