Ottawa risking oil investment, conference told

Shawn McCarthy
oil pump

The Harper government received a stark warning this week that its reliance on fossil-fuel exports to keep the economy humming is an increasingly risky gambit in a world grappling with the need to dramatically reduce its emissions of greenhouse gases.

Faced with scientific evidence that climate change is a real and growing threat, global governments, including the United States and China, are adopting clean-energy strategies to improve the efficiency of resource use and switch from fossil fuel to renewables.