Canada's emission reduction targets look hard to reach

Significance Rising emissions from the hydrocarbons sector threaten the country’s goal of reducing overall emissions by 40-45% from 2005 levels by 2030. However, Canada’s embrace of wind and solar has been limited, and a lack of common policy direction between federal and provincial governments suggests a regionally uneven energy transition. Impacts The expansion of the country’s LNG industry will lock Canada further into the international trade in hydrocarbons. A rise in US hydrocarbon exports to the rest of the world should sustain US demand for Canadian oil and gas. Investment in wind and solar power will likely gather strength but still looks unlikely to reach the breakout growth needed for net zero.

Publication Details

Journal
Emerald expert briefings
Published
2024-11-27
DOI
https://doi.org/10.1108/oxan-db291248
Primary Topic
Climate Change Policy and Economics
Type
article
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article

Canada's emission reduction targets look hard to reach

Emerald expert briefings
Climate Change Policy and Economics
article

Canada's emission reduction targets look hard to reach

article en

Abstract

Significance Rising emissions from the hydrocarbons sector threaten the country’s goal of reducing overall emissions by 40-45% from 2005 levels by 2030. However, Canada’s embrace of wind and solar has been limited, and a lack of common policy direction between federal and provincial governments suggests a regionally uneven energy transition. Impacts The expansion of the country’s LNG industry will lock Canada further into the international trade in hydrocarbons. A rise in US hydrocarbon exports to the rest of the world should sustain US demand for Canadian oil and gas. Investment in wind and solar power will likely gather strength but still looks unlikely to reach the breakout growth needed for net zero.

Emerald expert briefings
Affordable and clean energy
Climate Change Policy and Economics
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Canada's emission reduction targets look hard to reach · Emerald expert briefings (2024) | TGRS Research Map | TGRS