CP CEO says fossil fuels 'probably dead'
The CEO of Canadian Pacific Railway says fossil fuels are "probably dead." Hunter Harrison told a transportation conference today that the transition to alternative fuels will be long, but new investments in traditional energy sources will dry up because of environmental hurdles. The country's second-largest railway has seen shipments of crude drop due to declining demand brought on by the dramatic fall in oil prices. Thermal coal shipments have also waned.
Continue Reading http://www.cbc.ca
Join the Discussion