Cramer warns that the fossil fuel industry has entered the "death knell stage."
Cramer added that "the world's turned on" the industry as they did with tobacco.
"They're done," Cramer said of fossil fuels on the network's "Squawk Box." "We're starting to see divestment all over the world. We're starting to see ... big pension funds saying, 'We not going to own them anymore."
"The world's changed," Cramer continued. While companies like BP still mark profits, "nobody cares," because "new money managers want to appease younger people who believe that you can't ever make a fossil fuel company sustainable."
"You can tell that the world's turned on them, and it's actually kind of happening very quickly," said Cramer. "You're seeing divestiture by a lot of different funds. It's going to be a parade ... that says look, 'These are tobacco, and we're not going to own them.'"
It sounds as if Morneau and Trudeau need to get ahead of this and fast. Canadians may be stuck with Trudeau's multi-billion dollar pipeline but, maybe, if he's lucky they can fire sale it to someone. When we're already running deficits wouldn't it be better to cut our losses where we can?
Oh, and do pass the word to Trudeau's nemesis, Jason Kenney. His petro-fantasies, it seems, are over. And Jason might want to start collecting the $200 billion it will take to clean up the Tar Sands tailing ponds before the fossil giants fold their tents and steal away into the night.
Cramer isn't the only one thinking fossil fuel's day in the sun is over. Young Calgarians, 20-24 year bracket, are pulling up stakes and moving elsewhere. The allure of the oil patch is fading.
It's a refrain Dr. Laura Hambley, president of Calgary Career Counselling, has heard time and time again.
She says many young people who come to her organization in search of career advice say they would like to stay in Calgary but aren't sure it's realistic.
"We're hearing concern and worry and fear," she said.
"They want to choose careers that are viable and where there will be employment … and we're seeing lots of stories about young people who are bright and who have worked hard at post-secondary and yet cannot get a position."