Adrian Wyld/CP/Getty Creative Green Party Parliamentary House Leader Elizabeth May compared the fate of the oil industry to Blockbuster Video on May 6, 2020, arguing it's time to put more effort into developing renewable energy. “Just as much as Blockbuster Video thought it had a solid business proposition — til Netflix came along — that’s the kind of disruption we’re seeing in the energy sector,” May said. Watch: What does $0 oil mean for Canada, and the oil provinces? Singh told reporters the future is “clearly one of renewable energy, green energy.” Oilsands production is no longer sustainable for the long run, he said. More measures are expected to be announced for the oil and energy sectors.

Source: Huffington Post May 06, 2020 20:48 UTC