Federal Energy Regulator

Canada’s oil output would plummet by 2050 in a net-zero world, new modelling shows

Jun 29, 2023 | 10:05am

New modelling from the Canada Energy Regulator suggests Canadian oil production will plummet by 2050 — and large portions of Alberta’s oilsands facilities will be shut down — if the world is successful in reaching net-zero greenhouse gas emissions within that time. The scenario is one of three laid out in a report released Tuesday, […]