Eric Novak on Muck Rack

Eric Novak

Ajax, Ontario

A Dad & an Environmentalist who is on a Mission with a Purpose. Keynote speaker, auto journalist & advocate of all things Eco! I'm also @MMPerspectives

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@Enviro_Dad — 1,746 followers, 2,835 tweets

@dagmar_johnson @WBrettWilson Oil will still be around for some time, few doubt that but only the most steadfast refuse to accept that a multitude of economic, legislative & scientific factors have pushed us over the Tipping Point to where the world is now shifting to renewable energy as its preferred source.
@dagmar_johnson @WBrettWilson You can dig in your heels and take the myopic "show me the money now" perspective or you can see what the rest of the world sees & major institutions are now making into policy - oil has had its day and renewables will soon lead the way.
@dagmar_johnson @WBrettWilson As a business woman, you should also know that one does not judge the success of new tech by immediate ROI. You should also be aware that just today the World Bank announced it will stop funding oil & gas exploration & dev as of 2019
@WBrettWilson @dagmar_johnson A comeback for C.N. perhaps but their acquisitions come from swallowing up weaker competition - not a ringing endorsement for the sector as a whole. Also here is the reference to oil subsidies as requested
@WBrettWilson @dagmar_johnson Mergers & Acquisitions bolstered Canadian Natural, but that's hardly indicative of the sector. And emerging tech in a market often needs a hand in the beginning - kinda like the $3.3 Billion Canada gives to Cdn Oil companies in subsidies each year.
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