IEA calls for Canadian emissions reduction action
The country’s oil and gas sector is a culprit in disappointing delivery despite good policymaking
The IEA has lauded Canada’s leadership in policies to cut greenhouse gas (GHG) emissions, including its increasingly aggressive reduction targets and high and rising national carbon tax. But it also implicitly criticises the country for a lack of progress in reducing its national emissions to date. And a major reason for Canada’s failure to reduce national emissions since 2005—when they stabilised at c.730mn t after jumping over a third from 1990 levels—is continuing growth of the country’s oil and gas production, concludes the IEA’s mid-January report, Canada 2022: Energy Policy Review. This has basically negated emissions reductions elsewhere in the Canadian economy over that period, despi
Welcome to the PE Media Network
PE Media Network publishes Petroleum Economist, Hydrogen Economist and Transition Economist to form the only genuinely comprehensive intelligence service covering the global energy industry
Comments