Fossil fuels are staging a strong comeback. CBC business reporter, Don Pittis, writes that "investors need to know what comes next." But, he writes, this may be the fossil fuelers last hurrah - maybe.
According to Kirsten Zikfeld, a climate scientist at Simon Fraser university, the days of fossil energy are still numbered.
She says the increasing number of events such as last year's costly and devastating Hurricane Harvey in Berman's home town, Houston, have convinced well informed people around the world that something needs to be done. And she says there is evidence the world remains on an inevitable path to a low-carbon economy.
"What we see very clearly is actually a decoupling between economic activity as measured by GDP and carbon emissions," says Zickfeld. "Our economies are growing but they need much less carbon in order to actually do that."
While countries such as China and India continue to increase coal consumption, she insists they are strongly motivated to either invent or adopt lower-carbon methods developed elsewhere, especially as the cost of that technology falls.
Hot countries suffer more from more deadly heat waves, and the large and growing middle class in Asia's biggest cities is insisting their governments cut the medical and social costs of air pollution.
She is convinced all those factors mean companies and economies hoping to profit from long-term growth in oil consumption will be disappointed.
"As long as the rest of the world moves toward decarbonizing the energy sector and other sectors, these countries and these provinces that bet on use of oil increasing will have a very hard time," says Zickfeld.
"I think at some point the economics is not going to work out for them."