Why the OECD tore a strip off Alberta

By Jeffrey Simpson, Globe and Mail

Forget Hollywood director James Cameron, who swept through Alberta recently to draw attention to the environmental problems of the oil/tar sands. He came and went, cameras in tow, his visit largely (if wrongly) dismissed by defensive locals as a publicity stunt.

The Organization for Economic Co-operation and Development in Paris, however, can’t be so easily dismissed. In diplomatic language, the organization tore a strip off Alberta for its short-sightedness in energy policy. In contrast to Norway and Chile, the OECD found that Alberta isn’t building up a fund from oil and gas revenues to be used for the benefit of future generations.

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