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

DM

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. Under the status quo scenario, the regulator projects the three pipelines under construction – Keystone XL, Trans Mountain and Enbridge Line 3 – will be the last ones needed to handle future growth in crude oil production.

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