What worked is Fossil Fuels, what is yet to be proven is the Green New Deal promoted by the World Economic Forum and Klaus Schwab, and now every Environmental Group.

This Green New Deal is now being promoted under the Heading of ESG or Environmental, Societal, and Governance by Major Corporations and Investment Firms to be Perceived as doing the Right Thing, as it “Sounded Good”.

In fact, Stansberry Research says ESG is being promoted by the Likes of Black Rock, Vanguard, and State Street Investment Firms.

Together they manage a combined $22 trillion for their investors.

That’s the equivalent of owning more than half of the total value of all shares in the S&P 500. Thus, Shareholder Control is in the hands of a few large firms. For example, they control 20% of ExxonMobil shares.

So, what does ExxonMobil do, rather than making long-term decisions, investing in new Resources, which has many Restrictions and Regulations, and apparently a short-term life?

They use their funds to provide their Shareholders with large Dividend Payments and a $30 Billion Share Buyback program!!

In fact, Black Rock is just one of 273 global asset managers, who manage a total of $61 trillion, who’ve all joined the pledge to force the companies they invest in to get to Net Zero Greenhouse Emissions by 2050 or sooner.

In short – the takeover of ExxonMobil by the Woke crowd created a domino effect through the oil industry. And it’s causing it and firms like it to stop investing in new oil discovery and refining capacity, which we so desperately need today.

We’ve been sold on the idea that one day soon we’ll all be driving EVs and the electricity from wind, solar, and hydroelectric generation would be the basis of a wonderful green economy. Wait till reality sets in, as we continue to see prices rise!!!

When you consider, Politicians in both the U.S and Canada want to cap our Fossil Fuel Resources, we are driving up the price of oil, when there is already a shortage of supply.

Alternative energy resources and infrastructure are not even close to being in place to replace fossil fuels.

What Sounds Good, as an alternative to fossil fuels, is Wind and Solar which does not cut it, as Ontario has discovered, probably Nuclear is the best solution, but no one wants it in their back yard and development time is long.

The Result probably means a Shortage of Fossil Fuels and Higher Oil Prices, maybe towards $150/Barrel!!

This does not take into account, Inflation, the War in Ukraine, the blowing up of the Nord Stream pipelines, and the shortage of natural gas and oil supplies in Europe and UK.

Demand for Oil and Gas will not peak till at least mid 2030’s if at all, and oil and gas will stay at elevated prices for years to come.

In the U.S the drilling rig count is at less than 600 versus 1600 when the U.S was self sufficient in oil production.

And in Canada, we have Bills C-48 and C-69 which locks in our Fossil Fuel Exploration and Product Development, while we continue to purchase $17 Billion of “Imported” oil and gas for the East Coast.

And by the way, there are 1,200,000,000 combustion cars on the road, and 300 million heavy trucks, 50,000 military and commercial ships along with 30,000 airplanes requiring fossil fuels and they will not be replaced anytime soon by EV’s.

There will not even be enough EV’s to offset the future Growth of Transportation, let alone replace them any time soon. Further Transportation only uses 27% of the Fossil Fuel Demand, Versus Industry, Commercial and Residential use.

This miss-direction will drive down our Canadian Standard of Living for years, “Unless Sounder Heads Prevail”, which I believe will eventually happen, having learned and witnessed Europe’s results of going Green and being dependent on Russia.

The Result of high oil prices and covid supply chain issues, has created inflation, requiring higher interest rates, to quell same, which may result in a recession.

We are now faced with high Interest Rates and Inflation. This will present new challenges for home owners and industry, not to mention some new Taxes which will need to be passed through to the customer and consumer.

Don’t let these taxes erode your bottom line!!!

However, not to be too negative, Individuals and Industry adapts to all things and we are a growing consumer society, needing food and many manufactured items.

Many Small Businesses will thrive or go out of business, while larger Firms will adapt and continue to grow and expand both organically and via Acquisition and others will say, I have had enough, and will pack it in, sell and retire and enjoy the fruits of their labors.

Private Individuals will also adapt, while carrying a higher debt burden in the form of Mortgage or Credit Card debt.

Sadly, our Standard of Living has been eroded for which we should be upset!!!!

All of this brought about by terrible and miss-guided Government policies and Regulations, all initiated by the World Economic Forum.

Woke World Governance is all about Control, for which we should all be unguard and greatly concerned.

Canadians need to be Involved, Educated and Participate in the Election of our Politicians to Assure We Vote for the Best Leaders to Direct our Country.