Democracy Gone Astray

Democracy, being a human construct, needs to be thought of as directionality rather than an object. As such, to understand it requires not so much a description of existing structures and/or other related phenomena but a declaration of intentionality.
This blog aims at creating labeled lists of published infringements of such intentionality, of points in time where democracy strays from its intended directionality. In addition to outright infringements, this blog also collects important contemporary information and/or discussions that impact our socio-political landscape.

All the posts here were published in the electronic media – main-stream as well as fringe, and maintain links to the original texts.

[NOTE: Due to changes I haven't caught on time in the blogging software, all of the 'Original Article' links were nullified between September 11, 2012 and December 11, 2012. My apologies.]

Monday, March 14, 2016

Fossil Fuels 'Probably Dead,' Says Canadian Pacific Railway CEO Hunter Harrison

MONTREAL — The CEO of Canadian Pacific Railway says fossil fuels are "probably dead."

Hunter Harrison told a transportation conference today that the transition to alternative fuels will be long, but new investments in traditional energy sources will dry up because of environmental hurdles.

The country's second-largest railway has seen shipments of crude drop due to declining demand brought on by the dramatic fall in oil prices.

Thermal coal shipments have also waned.

Harrison said the rail industry will have to adjust to a shift to alternative energy sources, just as it did in the 1990s when the U.S. Clean Air Act wiped away 29 per cent of the business at Illinois Central Railway that he ran at the time.

He spoke at the J.P. Morgan transportation conference in New York.

Original Article
Source: huffingtonpost.ca/
Author: CP Business
Topics: , ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)