Fossil fuels to decline but remain big player in Canada's energy use by 2050: report - News Summed Up

Fossil fuels to decline but remain big player in Canada's energy use by 2050: report


The Canada Energy Regulator says reaching net-zero emissions over the next 30 years will require a much more aggressive transition away from oil and gas. "Achieving net-zero (greenhouse gas) emissions by 2050 will require an accelerated pace of transition away from fossil fuels," the report says. In the "evolving scenario," oil and gas demand peaked in 2019. It will fall 35 per cent by 2050 but will still account for 64 per cent of all energy used. Canada currently gets about one-sixth of its energy from electricity, about 20 per cent of which comes from burning fossil fuels.


Source: CBC News November 24, 2020 14:39 UTC



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