News

Fossil Fuels To Remain Canada’s Energy Of Choice In 2050

A report released by Canada’s Energy Regulator (CER), has said that by 2050, the nation’s energy mix will still include more than 60% fossil fuels in the total make-up of the various energy sources.

Speaking after the report was released, CER Chief Economist Darren Christie said of the findings that: “Canada’s Energy Future 2020 marks an important inflection point, as Canada’s energy system is being shaped by COVID‑19, and ongoing innovations in energy technology and climate policy.”

It is believed that nationwide, Canadian energy demands will drop by as much as 6% this year on the back of the COVID-19 pandemic.

C: ETA+ – Unsplash

The report does indicate however that Canada’s economic recovery is a “significant unknown facing the energy sector for the near-term”, an indication of limited foresight regarding the energy sector on the part of the current administration.

On the plus side, albeit ‘helped‘ by COVID, overall fossil fuel dependence is now 12% lower than when it peaked in 2019, in Canada.

By 2050, this number is forecast to drop by around 35% thanks to increased awareness and implementation of renewable energy sources and nuclear power options which are in turn predicted to increase by 31% over the same timeframe.

Image for illustration purpose only – C: Dominik Vanyi – Unsplash

On the issue of Canada moving towards a significant reduction in greenhouse gas emissions by the middle of the century the CER said “Achieving net-zero greenhouse gases emissions in Canada within the next 30 years will require stronger policies and greater adoption of low-carbon technologies.

“Canadian and international efforts to reduce GHG emissions will be a critical factor in how energy systems evolve in the long term”  CER CEO Gitane De Silva said, adding that “(W)ith the increasing pace of change in Canadian and global energy markets and climate policy, the need for up-to-date analysis on energy trends is greater than ever. Canada’s Energy Future series provides Canadians with a key reference point for discussing our country’s energy future and identifies key drivers of change that will impact Canada’s energy transition.”

Mark Buckton

Mark is a journalism vet of 20 years with most of those years spent in Tokyo, Japan, as a columnist for The Japan Times and numerous other publications. His work has appeared on CNN, in the BBC, NPR, and in several dozen other media forms and publications across five continents.

Recent Posts

India strikes Pakistan after Kashmir Terror Attack under #OperationSindoor

India carried out a series of airstrikes across Pakistani territory early Wednesday in what it…

18 hours ago

Pakistan’s Army Chief looks to confront India after Kashmir terrorist attack

Following a deadly terrorist attack that claimed the lives of over two dozen Hindu tourists…

3 days ago

Mark Carney wins Canadian Election, vows to stand firm against Trump’s threats

Mark Carney, leader of Canada’s Liberal Party, claimed victory early Tuesday in a hard-fought federal…

1 week ago

China calls for restraint amid rising India-Pakistan tensions after Kashmir terrorist attack

China urged India and Pakistan to exercise restraint and de-escalate tensions following a deadly terrorist…

1 week ago

Trump Says Russia and Ukraine ‘Very Close to a Deal’ After Kremlin Talks

US President Donald Trump said on Friday that Russia and Ukraine are "very close to…

2 weeks ago

Pakistan violates ceasefire on LoC as fire exchanged between both sides: Report

In a significant escalation of tensions between India and Pakistan, Pakistani troops opened "unprovoked" fire…

2 weeks ago