Climate change remains the most significant existential threat to human society

Horrific though it is, the current conflict in Ukraine is not the biggest threat to the world. In fact, a post-Putin Russia at some point in the future will hold the prospect of making Russia a European country—which has always been its eventual destiny.
Minster of Natural Resources Jonathan Wilkinson, pictured on Oct. 27, 2021, in Ottawa with staffers James Hutchingame, left, and Ian Cameron. Much of the focus today is on how to profit from the European and American decisions to wean themselves off Russian oil and gas. Wilkinson is hoping to pump an extra 200,000 barrels a day of high-carbon Canadian oil exports to the U.S., writes David Crane.
TORONTO—Canada’s oil and gas companies, along with wheat and many other commodity producers, all stand to gain from sharply rising raw material prices as a result of Russia’s brutal invasion of Russia and the West’s response in cutting off use of Russia’s energy. Much of the focus today i...

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