Dollars and SenseNewsOil & Gas
Fossil Fuels Decline but Remain Critical in Canada’s Energy Use
Source: Mia Rabson, The Canadian Press Staff, November 25, 2020
Keystone XL is already in jeopardy because U.S. president-elect Joe Biden promised to rescind Washington’s approval for the cross-border project.
OTTAWA — A new report from the Canada Energy Regulator projects that if Canada strengthens its climate policies to cut more greenhouse-gas emissions, it could eliminate the need for both the Trans Mountain expansion and the new Keystone XL pipeline.
The Energy Futures report, issued Tuesday, estimates energy production and consumption through 2050, based on two scenarios: one in which no more climate policies are introduced after this year and an “evolving” one where more initiatives are added to cut greenhouse-gas emissions.
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