The National Energy Board now projects fossil fuel use in Canada will peak in 2019, a major downward revision of similar estimates it has made annually for the past decade. It's the first time in the 11-year history of the NEB's annual reports on the topic that a peak in fossil fuel demand has been included in the baseline projection. The line in black indicates the latest projection, which has Canadian fossil fuel use peaking in 2019 and then declining slowly after that. (National Energy Board)The NEB now says things have changed on several fronts, and a peak in domestic demand is likely much sooner than previously expected. The report also includes two other scenarios that involve an even sharper decline in fossil fuel demand after 2019.
Source: CBC News October 26, 2017 15:54 UTC