Report Lays Out Two Different Energy Scenarios for Canada

SUGAR LAND--December 24, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--Canada's crude oil production will decrease by 7% this year because of the COVID-19 pandemic, but fossil fuels would still make up more than 60% of Canada's fuel mix by 2050 under a "Reference Energy Scenario," contained in a recent report by the government's Canada Energy Regulator (CER). However, under the report's "Evolving Energy Scenario," fossil fuel consumption already peaked in 2019 and will be 35% lower by 2050.

Within this article: The "Canada's Energy Future 2020: Energy Supply and Demand Projections to 2050 " report.