Listen to this discussion with a man named Brock, who has been in China since 1992.
They may even do it in 10 years according to the report....
They are burning garbage for electricity; liquifying coal (removing the crap) for energy; they're the only government outfit in the Canada oil sands (companies from other countries are in there, but China is there as a gov. entity)...They are coordinating everything and they are going for energy independence as their national policy....and, as my friend says, THEY ARE OUR BANK....
Listen and be amazed......
The Current: Part 3
Beijing’s Energy Appetite
For the past two days, we've been charting the impact Newfoundland's oil industry is having across Canada, and North America. Now we're going to branch out globally, because the real demand for oil is coming from much further east---from the developing giants of India and China.
In fact, China's oil demand has more than doubled in a decade, as the Bicycle Kingdom is quickly merging with Culture of the Car. And nowhere is that more apparent than in the capital of Beijing. To find out how the country, and the capital in particular, is powering all that growth, we reached freelance broadcaster Yuen Chan, in Beijing.
Beijing/Calgary Connection
So we know that China is a country in search of oil--and that it can’t produce enough to satisfy its roaring economy. Which is why China is setting its sights on the far north...Northern Alberta and the oil sands of Fort McMurray to be exact. China's had an interest in Alberta's oil sands for years.
But as the country's economy surges ahead, the thirst for oil is reaching a peak. And China's now looking to become more than just a buyer of Alberta's energy. We were joined by CBC reporter Alison Myers in Calgary.
Last Word: St. John’s Family
After spending some time here in St. John's, it was heartening to learn that an industry like oil and gas could bring many Newfoundlanders back home to work. But there are still too few jobs to allow every homesick Newfoundlander to return.
Jim Squires is a 53-year old pipefitter from St. Phillips, just outside of St. John's. He spent most of his working life at job sites across Alberta, the Northwest Territories, and Ontario. His two sons, Phillip and Joseph, moved to Alberta to find jobs in 1997, where they remain, working as pipefitters on a Shell Oil project just outside of Edmonton.
Like many Newfoundlanders with family members away, Jim Squires makes a weekly long distance phone call to western Canada to keep in touch with his children. We ended the show with his conversation with his 25- year-old son, Phillip.
Listen to The Current: Part 3
http://www.cbc.ca/thecurrent/media/200512/20051206thecurrent_sec3.ram
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