Canada’s Fossil Energy Future
A report from the Canadian government’s agency focused on natural resources examines the country’s fossil energy reserves and outlines potential obstacles facing the country.
“Canada is experiencing a significant economic surge driven in large part by the natural resources sectors, in particular by the fossil fuel industries in Western Canada. Combined under the banner of fossil energy, Canada’s oil, natural gas, and coal resources make the country one of the world’s most attractive energy centres for continuing investment and development.
This economic opportunity comes with challenges, such as requirements to mitigate greenhouse gas (GHG) emissions and managing the impacts of climate change. Canadian GHG emissions are up more than 25 percent since 1990. There is growing public concern supported by consensus among the scientific community (the Intergovernmental Panel on Climate Change) that global emissions growth will soon drive atmospheric carbon dioxide (CO2) concentrations to levels not seen in 10 million years, bringing a growing risk of rapid climate change.”
