Examine the marketing and economic impact of coal in Saskatchewan.
Indicators for this outcome
(a) Explore the government regulations and the adaptations made by the industry (e.g., electric draglines, diesel engines and carbon sequestration) to reduce carbon emissions.
(b) Examine the plans to transition away from coal towards renewable energies such as solar, wind, geothermal, biomass and nuclear.
(c) Investigate the environmental and economic impact of carbon capture projects.
(d) Discuss the economic and social impact, both positive and negative, of the coal mining industry on a specific Saskatchewan community, including First Nations and Métis peoples.
(e) Assess community views on the impact (e.g., social, economic and environmental) of the coal industry on families and local communities. Explore how the political stability of Canada attracts investors to the coal industry.
(f) Identify the top coal importing countries based on total tonnage.
(g) Analyze the factors which influence coal prices such as product supply and demand, importing and exporting countries, economic conditions, government policies and societal changes.
(h) Investigate Canada’s trade agreements with respect to the purchase and sale of coal, the impact on coal corporations and supply management.
(i) Summarize the connection of the coal industry to support other industries as well as those industries that support the coal industry.
(j) Research how the coal industry has a significant impact on local communities and provincial and federal governments through resource and personal taxes, labour force and royalties.
(k) Explore the economics of coal marketing, including the systems governing price setting and government incentives.
(l) Explore how coal companies work with communities and businesses, including Indigenous, to build meaningful relationships that impact the local economy. Explore how government incentives can change based on a booming or down turning market.
(m) Compare the cost of production of coal in Saskatchewan to the cost in other parts of Canada and the world.
(n) Analyse the impact of world events (e.g., war, major disaster and economic recession) on the coal market and local economy.
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