Energy Security in Canada. IF OUR NAFTA PARTNERS CAN HAVE NATIONAL ENERGY PROGRAMS, WHY CAN'T WE? Gordon Laxer Professor of Political Economy University.

Slides:



Advertisements
Similar presentations
Balance of trade: Mexican behaviour.. Concept It is the difference between the monetary value of exports and imports of output in an economy over a certain.
Advertisements

Macro Economics of Mexico Macro Economics of Mexico National and International Economic Analyses Group 2: Jetske Stortelder Kristian Zuur Joost van Bennekom.
International Organizations. International Monetary Fund (IMF) –Lends to countries with balance of payments problems –Pushes for economic reforms IMF.
What in Tar-nation? Cdn Energy-Enviro Security Gordon Laxer Parkland Institute Univ. of Alberta Climate Change Conference 2010 Aug 14, 2010.
Introduction to Business
Free Trade, Energy Security, and Transportation. Free Trade Agreements remove tarrifs, import quotas, preferences, boundaries, and fees on most goods.
ENERGY INTERDEPENDENCE THE NAFTA EXAMPLE By Nathan Hinch
Theme 3 : Geographical Issues on a Continental Scale North and South America.
Trade Liberalization Lecture # 14 Week 7. Structure of this lecture Theoretical arguments for trade liberalization Reasons for liberalizing trade in Latin.
Energy Energy supply & demand as a “social project” What energy does Why we want & need energy Forms & uses of energy, & energy quality Explaining energy.
Gas in North America & the Potential Impact on the International Energy Trade.
The 21 st Century Global Economy Standard 2.19,
Free Trade, Energy Security, and Transportation. Free Trade Agreements remove tarrifs, import quotas, preferences, boundaries, and fees on most goods.
NAFTA North American Free Trade Agreement Chapters 11 & 15 North American Free Trade Agreement Chapters 11 & 15.
America’s increasing involvement with internationalism.
Kids’ Carbon Credits Buy Green Energy And Blue Sky.
Economic Systems Factors of Production Scarcity and Wants/Needs
Knowledge Connections Definition Picture Term Vocabulary 
The Effects of Globalization. At the beginning of the twenty-first century, the world was divided over a number of political, cultural, and economic issues.
Chapter 1 GlobalizationGlobalization 1. What Is Globalization? The globalization of markets refers to; “The merging of historically distinct and separate.
Economics 11/21/11 OBJECTIVE: Examine the growth in international trade at the end of the 20 th century. MCSS E I. Administrative.
Chapter 17: International Trade Section 2
Resources and World Trade
Managerial Writing Section 1: Becoming wise users of other writers’ products – seeing beyond their audience to your own.
TOPIC #7 Canada and International Trade Agreements.
The United States in a Global Market Memory Reed Harris County High SchoolJune 2008.
International Trade Agreements Economics 11 Stewart.
NAFTA North American Free Trade Agreement. Canada, United States, and Mexico This agreement lifted tariffs between the three member countries.
Master 2 Making markets work for the environment 1 A Tale of Two Systems The case for a national energy framework A ‘Big Idea’ for Sustainable Prosperity.
 Mulroney government began negotiations with the United States in September  Deal was finally reached in October 1987.
Canada-US Relations and Canadian Foreign Policy Douglas Brown Politics 220 April 2006.
Why are both countries “rich”?.  What did Europe take to the “New World”?  What did explorers take back to Europe?  Goods  Ideas  Helped Europe’s.
Debt in Latin America Early 1800s, most Latin American countries became independent Produced primary products, made them vulnerable to global economic.
What are we doing to try to stop climate change?.
Energy and the Environment. Background Americans only make up 5% of world’s population but consume 20% of its energy Americans only make up 5% of world’s.
Civics Core 100, Goal 9 The learner will analyze factors influencing the United States economy.
Free Trade VS. Protectionism. Tariffs A tariff is a tax on an import. Tariffs cause foreign items to be more expensive as a tax is charged to each item.
Resources Resources 2 Economies Country Types Trade Team.
NORTH AMERICA And it’s energy problems Daniel, Melissa, Siân and Abi.
Nafta By Jaqueline Espinosa. What is Nafta? In 1994, the North American Free Trade Agreement (NAFTA) came into effect, creating one of the world’s largest.
Activator Where are your shoes made? Why? Americans are increasingly annoyed about the price of what commodity? Why?
What have been the main trends in oil consumption and production over the last 30 years?
AIM: How has the EUROPEAN UNION and NAFTA transformed Europe and the U.S. economically?
Global Impacts and Global Organizations. Environmental Challenges Technology and industrialization have helped to raise the standard of living for many.
CORPORATE MANAGEMENT in ACTION Session 1. Impact of International Business Environment on Global Organizations CORPORATE MANAGEMENT IN ACTION - CMA 1.
ECONOMIC INTEGRATION. Introduction: Economic integration around the world has been one of the most significant trends since world war two. The creation.
Intro to Business April 15, 2015 Unit 2 Test Chapter 10 – Business in a Global Economy Political Cartoon.
What challenges does North America face in being energy secure?
Group work 6. What influence do trade bloc have in helping North America become energy secure?
Unit 5 Part 1:The 21st Century Global Economy
America’s increasing involvement with internationalism
A way of obtaining scarce resources
Politics of Oil.
The Effects of Free Trade AGREEMENTS in US and ABROAD
Unit 3 Review – to what extent should contemporary society respond to the legacies of historical globalization? Chapters 10 – 14.
Day 1 – Economic Systems (7.E.1.3)
Canadian brochure By: Kayli Grimes.
Project Based Learning Social Studies Mrs. Strope
Resources, World Trade, and Technology
Human Rights Vocabulary
The United States in a Global Market
7. 2. spi. 1. recognize basic economic concepts (i. e
How did this happen so fast?
North American Free Trade Agreement
NS3040 Fall Term 2018 USMCA Federal Reserve Bank of Chicago, Strong Dollar Weak Dollar.
II. Issues and Challenges
7. 2. spi. 1. recognize basic economic concepts (i. e
North American Free Trade Agreement
Warm Up: What is the message of the cartoon?
AIM: How has the EUROPEAN UNION and NAFTA transformed Europe and the U
Presentation transcript:

Energy Security in Canada

IF OUR NAFTA PARTNERS CAN HAVE NATIONAL ENERGY PROGRAMS, WHY CAN'T WE? Gordon Laxer Professor of Political Economy University of Alberta Article available online at: _05_energy.pdf (PDF format), orhttp:// _05_energy.pdf

Energy Security in Canada The USA and Mexico, Canada's North American Free Trade Agreement (NAFTA) partners, each have a policy of oil energy independence and public ownership. While our NAFTA partners are looking after their own energy security, Canada is the only NAFTA country prevented from doing so.

Energy Security in Canada WHY? Canada is required to continue oil and gas exports to the USA even in times of shortage. Under the Proportionality Clause negotiated in the 1993 FTA, Canada can cut exports to the U.S. to deal with shortages only if it cuts the same proportion of supplies to Canadians.

Energy Security in Canada Canada currently produces about 40 per cent more oil than it consumes and so should not have to worry about shortages. Yet, because of NAFTA, Canada has put itself in a position that is as precarious as that of the United States, relying on imports of oil from offshore. Canada now exports 70 per cent of its supply to the U.S., and imports almost 60 per cent of the oil it consumes.

Energy Security in Canada The Mexicans were smart and got an exemption from energy sharing in times of shortage. A national energy policy for the U.S. and a continental energy market for Canada is a “raw deal for Canada”. Instead of negotiating further integration with the U.S., why not push for a Mexican- style exemption for Canada?

THE END OF SUBURBIA Oil Depletion and the Collapse of The American Dream Video Presentation, 2004

THE END OF SUBURBIA Oil Depletion and the Collapse of The American Dream Notes from website Since World War II North Americans have invested much of their newfound wealth in suburbia. It has promised a sense of space, affordability, family life and upward mobility. As the population of suburban sprawl has exploded in the past 50 years, so too has the suburban way of life become embedded in the American consciousness.

But as we enter the 21st century, serious questions are beginning to emerge about the sustainability of this way of life. The End of Suburbia explores the American Way of Life and its prospects as the planet approaches a critical era, as global demand for fossil fuels begins to outstrip supply. World Oil Peak and the inevitable decline of fossil fuels are upon us now, some scientists and policy makers argue in this documentary.

Questions to consider: What does Oil Peak mean for North America? As energy prices skyrocket, how will the populations of suburbia react to the collapse of their dream? Are today's suburbs destined to become the slums of tomorrow? What can (and / or should?) be done NOW, individually and collectively, to avoid The End of Suburbia ?

End of Suburbia Y2Xughttp:// Y2Xug hrkVSA&feature=player_embedded Escape From Suburbia