Stats from the International Energy Agency show solar and wind make up less than one per cent of energy now and will only rise to just under 3% by 2040 meaning coal, oil and gas will remain our major sources of energy.
According to the latest forecast from the Canadian Association of Petroleum Producers, oil sands projects are expanding and production will increase by 1.3 million barrels per day by 2030.
Canada’s National Energy Board production stats show that the oil sands do and will make up the majority of production to 2040. This all aligns with data coming from the International Energy Agency as well.
Yet, our governments are implementing policies against increasing production and building pipelines.
The Liberals put a stop to projects like Northern Gateway and they’re guaranteed to face opposition from the BC Greens and BC NDP who have made a deal to fight the TransMountain pipeline the Liberal government previously approved.
Meanwhile, the United States just opened its first coal plant under Trump and have doubled their oil and gas production, built new pipelines and signed deals allowing us to build Keystone XL across their border.
That would seem the logical choice for Canada too – increase oil and gas production and build pipelines in order to get our oil and gas products to market.
We have a wealth of resources to offer with the sixth highest reserves in the world yet governments in Canada insist on implementing costly “green strategies” to win social license to get projects off the ground instead of just doing it.