Canada’s ‘energy superpower’ status threatened as world shifts off fossil fuel, federal think-tank warns

June 1, 2016 at 10:42 am Leave a comment

oil-vs-renewablesCanada’s status as an “energy superpower” is under threat because the global dominance of fossil fuels could wane faster than previously believed, according to a draft report from a federal government think-tank obtained by CBC News.

“It is increasingly plausible to foresee a future in which cheap renewable electricity becomes the world’s primary power source and fossil fuels are relegated to a minority status,” reads the conclusion of the 32-page document, produced by Policy Horizons Canada.

“At a minimum, this plausible future would suggest that governments ensure that the risks of further investments in oil and gas infrastructure be borne by private interests rather than taxpayers,” the report reads.

Read Canada’s energy superpower status threatened as world shifts off fossil fuel, federal think-tank warns by Robson Fletcher at CBC News.

Advertisements

Entry filed under: Economy, Energy, Renewables.

Top 10 Green Home Improvement Upgrades & Their Costs Growing with Plants

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


Make a donation
Find local resources

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 151 other followers

Recent Posts

Transition Network
Transition Initiatives Primer

Archives


%d bloggers like this: