Major Role in Energy Crisis

Published: Wednesday, 07/16/2008 12:00 am EDT

If Canada continues to expand the Alberta tarsands and allows oil exploration off the coast of British Columbia, it could have a critical hand in alleviating the current global energy shortage, International Energy Agency chief economist Fatih Birol told Canwest News Service. However, Mr. Birol said Canada alone won't solve the problem, and acknowledged both plans have major environmental concerns. The economist went on to say that the world has entered a "new world oil order" that isn't likely to subside anytime soon.

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