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Green Technology Is “Pie In The Sky” According To Premier Kenny

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The economic benefits of oil and gas in Alberta are well known. The volatility of the boom and bust cycle is also a familiar song and dance in this province. When you take into consideration the environmental impact of the resource, the fossil fuel industry is a double-edged sword. It’s also commonly understood that moving to a renewable future, with less environmental impact, is better for everyone in the long run. 

To me, the solution is pretty straight forward: the sooner we move to a renewable long-term energy mix, the better off we will be. 

The path forward that I’ve heard from the Alberta business community is that we need a strong fossil fuel industry to support a renewable industry – that we can have oil and gas companies working side by side with renewable energy companies, growing the Canadian energy industry together. Profits from a strong economy can be used to finance our diversification. 

During the April 24th press conference, Jason Kenny threw that narrative out the window. He wants Alberta to be a petrol state, full stop. 

When Tom Ross from 660 news asked the Premier about working with the US on the Green New Deal, he got quite upset. He made it absolutely clear that he is only interested in fossil fuel jobs. 

“Our focus is on getting people back to work in Alberta, not pie in the sky ideological schemes.” 

For the UCP, the only good job is an oil job. 

The Premier went on to say “That kind of question in the middle of an economic crisis from a Calgary based media outlet, frankly, throws me for a loop”.

What message does that send to the thousands of Albertans who are working in renewable energy? 

What about Iron and Earth, the non-profit that is training oil field workers with additional skills so they can work in both fields? What about the students at SAIT, NAIT, the University of Calgary, and the University of Alberta who are in alternative energy courses? 

What about the people who are currently working in renewable energy at companies like BluEarth, Eavor, and SkyFire? Do their jobs not count? Are the projects that they operate and profit from “pie in the sky”?

What about the former Prime Minister Stephen Harper and his new role at Terrestrial Energy? Does the work he’s doing to develop nuclear power in Canada qualify as “pie in the sky”?

The main goal of the Green New Deal is “meeting 100 percent of the power demand in the United States through clean, renewable, and zero-emission energy sources” 

That’s a completely reasonable goal in my opinion. There is no reason why Canada and Alberta shouldn’t work with the US to help them develop their plan. Unless your goal is to create oil jobs instead of jobs. 

There are shovel-ready projects that will put Albertans to work in areas other than oil and gas. Not to mention the potential in this province in areas like software, technology, manufacturing, and engineering services. There are viable solutions being left cold because the UCP is so focused on fossil fuels, they can’t see anything else.

Teck Resources exits energy industry group CAPP, citing cost-cutting

Business

Cyberattack on Ukraine Exposes The Dangers of Digital ID Systems

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Digital ID systems risk becoming massive vulnerabilities in the face of modern cyber threats.

Ukraine’s reliance on its new digital identity systems has become a warning about the dangers of digital ID, as a recent cyberattack exposed critical vulnerabilities in the country’s digital infrastructure.

Last month, several key government databases were taken offline, disrupting essential services like legal filings and marriage registrations. Officials assured citizens that the controversial Diia, the government’s widely used e-governance app, would soon be restored, but the incident laid bare significant risks within the app’s centralized backend platform, Trembita.

This breach, the most serious since Trembita’s launch in 2020, raises urgent questions about the security of Ukraine’s growing dependence on digital IDs and is a clear warning to other countries that are rushing to embrace the controversial tech.

Trembita, the platform enabling Diia’s operations, functions as a digital network connecting government databases. While officials insisted it operated as designed during the breach, cybersecurity experts are sounding alarms.

Mykyta Knysh, a former Ukrainian security official, described the platform’s centralized architecture as a dangerous “single point of failure.” Warnings about these risks had surfaced before — security analysts cautioned in 2021 that consolidating sensitive personal and administrative data under Diia would leave Ukraine exposed to large-scale attacks.

The Russian hacking group XakNet has claimed responsibility for the attack.
This highlights a broader danger inherent in Ukraine’s ambitious digitalization efforts, spearheaded by the Ministry of Digital Transformation under the Zelensky administration.

While consolidating government services into the smartphone-based Diia app has streamlined access for millions of citizens, the breakneck pace of implementation has left little time to address critical security gaps.

The compromised registries contained highly sensitive data, including personal addresses, family connections, and financial assets.

Beyond military implications, the breach exposes the inherent risks of digital ID systems. Security analysts have pointed out that a central repository of personal data, as seen in Ukraine’s system, creates lucrative targets for hackers. If exploited, such data could fuel identity theft, phishing campaigns, or even more devastating cyberattacks, undermining public trust in digital governance.

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President Trump Signs Executive Order Banning CBDCs

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The executive order marks a decisive pivot in US digital asset policy.

President Donald Trump took a bold step on Thursday by signing an executive order that establishes a cryptocurrency working group, fulfilling a key campaign pledge made during his appeal to digital asset advocates and also banning controversial Central Bank Digital Currencies (CBDCs).

This newly established advisory body is set to take on a pivotal role in shaping US policy on digital assets. Its responsibilities include collaborating with Congress to draft cryptocurrency legislation and advising on the development of a proposed bitcoin reserve. Additionally, the council will work to align efforts across federal regulatory agencies, such as the Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), and the Treasury Department.

One of its more unique tasks will involve assessing the feasibility of creating and managing a national repository of digital assets. According to the executive order, these assets could potentially include cryptocurrencies confiscated during federal law enforcement operations.

On the same day, Trump issued another executive order banning the development and use of CBDCs within the United States.

The order explicitly forbids any attempt to “establish, issue, or promote CBDCs within the jurisdiction of the United States or abroad.” Trump justified the decision by warning of the risks posed by CBDCs, including threats to financial stability, personal privacy, and US sovereignty.

Often referred to as centrally-controlled “digital dollars,” CBDCs would be issued by the Federal Reserve and function as digital equivalents of physical currency, potentially granting the central bank expanded authority over monetary flows. Proponents argue that such a system could promote financial inclusion and provide tools for combating illicit activities.

CBDCs have raised significant concern among privacy advocates, who warn they could give governments unprecedented control over financial transactions. Unlike cash, which allows for anonymous and untraceable exchanges, CBDCs would operate on digital platforms managed by central banks.

Every transaction could be monitored, recorded, and tied to individual identities, creating a potential for constant financial surveillance. This capability could erode personal privacy, enabling authorities to track spending habits, purchasing behaviors, and even location data in real-time. For individuals who value financial autonomy and confidentiality, the prospect of such pervasive oversight is deeply troubling.

Additionally, CBDCs could serve as tools for censorship and control.

Governments or central banks could theoretically restrict or block transactions they deem undesirable, limiting financial freedom. For example, payments to politically sensitive causes, organizations, or individuals could be flagged or prohibited. In extreme scenarios, a CBDC system might even allow authorities to freeze assets or impose punitive financial measures against dissenters.

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