The use of fossils fuels in Canada is set to drop drastically in the next three decades, says a new report..The Canada Energy Regulator predicts fossil fuel use will fall by 62% by 2025..The forecast predicts Canadians will use significantly less gasoline and diesel over coming years, resulting in a 43% decline in the use of refined petroleum products by 2050..Electricity use could rise by as much 45% as people change over to electric vehicles..The report predicts wind and solar power will be used to help meet the rise in demand..The news was met with glee from Canada’s Environment Minister Steven Guilbeault..“Some welcome news from The Canada Energy Regulator: fossil fuel use will fall by 62% in Canada by 2050. We’re making progress, the work continues!” he tweeted..The forecast calls for Canadian crude oil production to peak at 5.8 million barrels per day in 2032, and then to decline to reach 4.8 million barrels per day in 2050.
The use of fossils fuels in Canada is set to drop drastically in the next three decades, says a new report..The Canada Energy Regulator predicts fossil fuel use will fall by 62% by 2025..The forecast predicts Canadians will use significantly less gasoline and diesel over coming years, resulting in a 43% decline in the use of refined petroleum products by 2050..Electricity use could rise by as much 45% as people change over to electric vehicles..The report predicts wind and solar power will be used to help meet the rise in demand..The news was met with glee from Canada’s Environment Minister Steven Guilbeault..“Some welcome news from The Canada Energy Regulator: fossil fuel use will fall by 62% in Canada by 2050. We’re making progress, the work continues!” he tweeted..The forecast calls for Canadian crude oil production to peak at 5.8 million barrels per day in 2032, and then to decline to reach 4.8 million barrels per day in 2050.
