{"id":197946,"date":"2025-08-14T10:00:00","date_gmt":"2025-08-14T14:00:00","guid":{"rendered":"https:\/\/doppleronline.ca\/huntsville\/?p=197946"},"modified":"2025-08-14T19:02:01","modified_gmt":"2025-08-14T23:02:01","slug":"decentfuture","status":"publish","type":"post","link":"https:\/\/doppleronline.ca\/huntsville\/decentfuture\/","title":{"rendered":"Canada and the world can have a decent future if we do the right things: Hugh Holland | Commentary"},"content":{"rendered":"\n<p>In the 2025 UN survey of global resources, the&nbsp;richest countries by natural resources hold vast reserves of the world\u2019s most valuable commodities\u2014oil, natural gas, coal, metals, timber, and minerals. These nations possess immense stored wealth that plays a crucial role in shaping global energy markets, geopolitics, and economic strategies.&nbsp;&nbsp;<\/p>\n\n\n\n<p>Shown below are the top 10 countries. Thanks to our expansive forests, oil sands, and mineral reserves shown above, Canada is 4<sup>th<\/sup> in total value and second only to Saudi Arabia in value per capita. Canada has the most diversified set of natural resources, a stable government, and an education system to turn out the engineering, financial, and skilled trades talent needed to mine these resources and turn them into manufactured products.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td colspan=\"2\"><strong>Country<\/strong><\/td><td><strong>Resource Value<\/strong><\/td><td><strong>Population<\/strong><\/td><td><strong>Value per capita<\/strong><\/td><td><strong>Diversity (types of resources)<\/strong><\/td><\/tr><tr><td colspan=\"2\"><strong>Saudi Arabia<\/strong><\/td><td><strong>$ 34 trillion<\/strong><\/td><td><strong>34,566,000<\/strong><\/td><td><strong>$983,796<\/strong><\/td><td><strong>3<\/strong><\/td><\/tr><tr><td><strong>Canada<\/strong><\/td><td colspan=\"2\"><strong>$33 trillion<\/strong><\/td><td><strong>40,126,000<\/strong><\/td><td><strong>$822,942<\/strong><\/td><td><strong>13<\/strong><\/td><\/tr><tr><td colspan=\"2\"><strong>Australia<\/strong><\/td><td><strong>$20 trillion<\/strong><\/td><td><strong>26,974,026<\/strong><\/td><td><strong>$743,494<\/strong><\/td><td><strong>5<\/strong><\/td><\/tr><tr><td colspan=\"2\"><strong>Russia<\/strong><\/td><td><strong>$75 trillion<\/strong><\/td><td><strong>143,997,393<\/strong><\/td><td><strong>$520,833<\/strong><\/td><td><strong>6<\/strong><\/td><\/tr><tr><td colspan=\"2\"><strong>Venezuela<\/strong><\/td><td><strong>$14 trillion<\/strong><\/td><td><strong>28,516,896<\/strong><\/td><td><strong>$490,935<\/strong><\/td><td><strong>3<\/strong><\/td><\/tr><tr><td colspan=\"2\"><strong>Iraq<\/strong><\/td><td><strong>$16 trillion<\/strong><\/td><td><strong>47,000,000<\/strong><\/td><td><strong>$340,425<\/strong><\/td><td><strong>3<\/strong><\/td><\/tr><tr><td colspan=\"2\"><strong>Iran<\/strong><\/td><td><strong>$27 trillion<\/strong><\/td><td><strong>92,417,000<\/strong><\/td><td><strong>$292,207<\/strong><\/td><td><strong>4<\/strong><\/td><\/tr><tr><td colspan=\"2\"><strong>USA&nbsp;<\/strong><\/td><td><strong>$45 trillion<\/strong><\/td><td><strong>347,275,807<\/strong><\/td><td><strong>$129,682<\/strong><\/td><td><strong>6<\/strong><\/td><\/tr><tr><td colspan=\"2\"><strong>Brazil<\/strong><\/td><td><strong>$22 trillion<\/strong><\/td><td><strong>212,812,405<\/strong><\/td><td><strong>$103,383<\/strong><\/td><td><strong>5<\/strong><\/td><\/tr><tr><td colspan=\"2\"><strong>China<\/strong><\/td><td><strong>$23 trillion<\/strong><\/td><td><strong>1,416,096,094<\/strong><\/td><td><strong>$16,242<\/strong><\/td><td><strong>4<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>But our proven oil and gas reserves account for $27 trillion or 82% of the total $33 trillion in stored natural resource wealth.&nbsp; And the nature of our heavy oil makes it the biggest single source of Canada\u2019s climate-changing carbon emissions<strong>. So, the thing that ranks Canada as the second biggest in resource value per capita also ranks us as the second biggest source of emissions per capita.&nbsp;<\/strong><\/p>\n\n\n<div style=\"float: left; margin-right: 14px;\"><strong><broadstreet-zone zone-id=\"45658\" keywords=\"\" soft-keywords=\"true\" zone-alias=\"\"><\/broadstreet-zone><\/strong><\/div>\n\n\n\n<p><strong>The continued use of fossil fuels is driving up the cost of housing and food in all countries.&nbsp; <\/strong>Scientists say that climate change, driven by the burning of fossil fuels, has created drier landscapes and longer fire seasons, sparking food-crop losses, more intense and widespread forest fires, and more costly tornadoes and floods.&nbsp;<\/p>\n\n\n\n<p>Fire is a natural part of the forest lifecycle, but for many tree species, it can take 70 to 80 years for a burned-out forest to return to normal production of commercially viable timber.&nbsp;More than 7.3 million hectares have burned in Canada so far this year, more than double the 10-year average for this time of year, according to Natural Resources Canada. At the rate of 7.3 million hectares for 70 years, 511 million hectares (5 million km2) could be rendered non-productive.&nbsp;<strong>That\u2019s more than half the area of Canada or the USA.<\/strong>&nbsp;<\/p>\n\n\n\n<p>Since the re-emergence of Donald Trump and his insanely selfish, ego-driven thinking, the world has turned upside down.&nbsp;Previous global efforts to mitigate climate change have been pushed aside by Trump\u2019s scheme to reduce US debt with tariffs on other countries rather than fair taxes on the 850 US billionaires who control him. Putin and other short-sighted characters are trying to take advantage of Trump\u2019s mass confusion.<\/p>\n\n\n\n<p>Given that the world will need Canada\u2019s oil before global reserves are depleted over the next 4 decades of energy transition, and given the rapid advancement of climate change as evidenced by the increasing incidence of extreme heat waves, wildfires, tornadoes, and floods, <strong>emissions from oil sands extraction must be and can be addressed.&nbsp;<\/strong><\/p>\n\n\n\n<p><strong>Canada will need one or two more major pipelines to help supply an energy-dependent world, but we must not ignore the urgent need to cap and reduce the resulting growth in oil sands emissions.&nbsp;<\/strong>The primary source of oil sands emissions is the wasteful burning of natural gas to melt the bitumen underground, so it can be pumped to the surface for processing and shipping.&nbsp;Gas can be replaced by geothermal heat from Alberta.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<p><strong>Small Modular Reactors can double the bang for the buck. They can provide zero-emission heat to replace the burning of natural gas for melting bitumen, and at the same time, they can co-generate electricity to replace the burning of natural gas for the Alberta electricity grid<\/strong>. But that will take some time, and it will take money from oil industry profits as well as from the benefitting Alberta and federal governments. In the meantime, the industry needs to go flat out on CCS (Carbon Capture and Storage).&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"adddoublespace\">&nbsp;&nbsp;Hugh Holland<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignleft is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"250\" height=\"300\" src=\"https:\/\/media-doppleronline-ca.s3-accelerate.amazonaws.com\/2025\/05\/Hugh-Holland.jpg\" alt=\"\" class=\"wp-image-191159\" style=\"width:221px;height:auto\"\/><\/figure><\/div>\n\n\n<p class=\"adddoublespace\"><\/p>\n\n\n\n<p class=\"has-text-align-left\"><em>Hugh Holland is a retired engineering and manufacturing executive now living in Huntsville, Ontario.<\/em><\/p>\n\n\n\n<p class=\"adddoublespace\"><\/p>\n\n\n\n<p class=\"doublespace\"><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p class=\"adddoublespace\"><\/p>\n\n\n<h5 style=\"text-align: center;\">Don\u2019t miss out on Doppler!<\/h5>\n<p style=\"text-align: center;\"><strong>Sign up <a href=\"https:\/\/doppleronline.ca\/huntsville\/dont-miss-out-on-doppler\/\"><u>here<\/u><\/a> to receive our email digest with links to our most recent stories.<br \/>\nLocal news in your inbox so you don&#8217;t miss anything!<\/strong><\/p>\n<p style=\"text-align: center;\"><a style=\"background: #5cb85c url('https:\/\/d1iczxrky3cnb2.cloudfront.net\/red_logo.png') no-repeat 37px; color: #fff; text-decoration: none; font-family: Verdana,sans-serif; display: inline-block; font-size: 16px; padding: 15px 38px; padding-left: 75px; -webkit-border-radius: 2px; -moz-border-radius: 2px; border-radius: 2px; box-shadow: 0 1px 0 0 #1f5a89; text-shadow: 0 1px rgba(0, 0, 0, 0.3);\" href=\"https:\/\/donorbox.org\/support-huntsville-doppler\">Click here to support local news<\/a><\/p>\n<p style=\"text-align: center;\"><broadstreet-zone zone-id=\"45657\" keywords=\"\" soft-keywords=\"true\" zone-alias=\"\"><\/broadstreet-zone>\n\n\n\n<p class=\"adddoublespace\"><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p id=\"adddoublespace\"><\/p>\n\n\n\n<p id=\"doublespace\"><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the 2025 UN survey of global resources, the&nbsp;richest countries by natural resources hold vast reserves of the world\u2019s most valuable commodities\u2014oil, natural gas, coal, metals, timber, and minerals. These [&#8230;]<\/p>\n","protected":false},"author":1904,"featured_media":197949,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-197946","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commentary"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Canada and the world can have a decent future if we do the right things: Hugh Holland | Commentary - Huntsville Doppler<\/title>\n<meta name=\"description\" content=\"Even if the tariffs are legal, US companies might gain some market share in the US but lose market share everywhere else they sell.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/doppleronline.ca\/huntsville\/decentfuture\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Canada and the world can have a decent future if we do the right things: Hugh Holland | Commentary - 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