GPHY 319 Lecture Notes - Lecture 18: Bioenergy, Dutch Disease, Green Economy
Document Summary
Canada is not an optimal currency area. Oil and gas took over economy, wiped out the manufacturing industry. Dollar tracks energy prices now when energy prices rise our dollar rises. Canada has developed dutch disease government argues china syndrome. Canadian provinces all do their own thing essentially 10 separate. Says china syndrome is the hollowing out of manufacturing due to china. A government that is highly dependent on the energy sector. None of these approaches are necessarily harmonized with the federal approach. *not meant to remember policies, but a illustrative example. Have a bioenergy strategy that has five or six individual points they have been trying to meet. 3 or 4 policies that drive a green economy forward (will be 4 when carbon tax is introduced next year) Enerkem has set up their main facility in edmonton. Not a huge amount of cash, not driving as much innovation. Project developing new biofuels from cattails and nontraditional crops.
