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Decline significantly
- In a net-zero emissions future, Canadian oil production is set to decline significantly, according to modelling done by the Canada Energy Regulator. (Jason Franson/The Canadian Press)
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Jun 21, 2023 · Canadian oil production will peak in a net-zero emissions future, according to analysis from the Canada Energy Regulator, but exactly when that happens depends on how fast...
Dec 7, 2023 · Putting in place a system to cap and cut oil and gas sector emissions at a pace and scale required to contribute to Canada’s 2030 climate goals, to achieve net-zero GHG emissions by 2050, and in a way that allows the sector to compete in the emerging net-zero global economy.
- Natural Resources Canada
Jun 21, 2023 · For the first time, Canada's national energy regulator has looked at how oil and gas production will change in a net-zero world, where countries hit their climate goals — and it shows a...
- GDP Growth Rebounds Following a Steep Decline in 2020. Description. Description: This chart illustrates the short-term macroeconomic impact of COVID-19 through real GDP and GDP growth trends from 2018 to 2025.
- Economic Indicators, Evolving and Current Policies Scenarios (2019-2050) Description. Description: This chart shows average annual growth rates from 2019 to 2050 of several economic indicators for both the Evolving Policies and Current Policies scenarios.
- End-use Demand Declines in All Sectors in the Evolving Policies Scenario.
- End-use Energy Consumption Peaks in 2019 and Declines over the Long Term in the Evolving Policies Scenario. Figure R.3 Description.
Nov 3, 2023 · Oil sands production will fall from a peak of nearly 3.64 MMb/d in 2030 to 2.30 MMb/d by 2050, or 30% lower than in 2022. GHG emissions from the oil and gas sector will fall to 32 megatonnes (MT) in 2050, or nearly 85% lower than 2021 levels.
Jun 21, 2023 · For the first time, Canada's national energy regulator has looked at how oil and gas production will change in a net-zero world, where countries hit their climate goals — and it shows a fu‐ ture without much de‐ mand for Canadian fossil fuels.
Canada’s Energy Future 2023 focuses on the challenge of achieving net-zero greenhouse gas emissions by 2050. For the first time, we explore net-zero scenarios to help Canadians and policy makers see what a net-zero world could look like.
