In the hyper-polarized context of Canadian energy policy debates, even suggesting that there might be a downside to the untrammeled energy boom centred in northern Alberta is enough to get you labelled a traitor or an economic illiterate -- or both. Conservative political leaders in both Ottawa and Edmonton, backed by energy-friendly think-tanks and the Sun media chain, have tried to paint such thinking as idiotic and dangerous, not deserving of serious consideration. This is a distinctly McCarthyist strategy: it relies on vilifying and marginalizing opposition, rather than debating facts and arguments.
The first principal of effective resource economies is to not squander your wealth. Canada's record? "Lamentable."