What really happened to the Teck Frontier oilsands mine? It’s the market, stupid! – Alberta Politics
Teck Resources Ltd. has understood this for at least a couple of years now, probably longer. The market for fossil fuels is in decline, and all the War Rooms in Alberta and all of Premier Jason Kenney’s public tantrums and bizarre conspiracy theories can’t do much to change that reality.
Concern about earth’s rising temperatures, and bankers’ and insurers’ inevitable responses to that, just makes the market that much worse.