According to the latest data from the International Energy Agency (World Energy Outlook 2020, Stated Policies Scenario), global energy demand will increase 19 per cent by 2040, due mainly to rising standards of living and population growth in the developing world. Use of renewables will increase significantly over this time period. More oil and more natural gas will be also be needed to ensure energy security. So as we move towards a lower-carbon future, the question is not which energy source, but how can we innovate to make the energy we have more sustainable?
The changing global energy mix: IEA 2020
Rising global energy demand to 2040 means all forms of energy needed.
Other Articles That May Interest You
Data from the Government of Canada’s National Inventory Report shows greenhouse gas emissions intensity has fallen significantly in Canada’s oil sands.
The world needs energy. Shouldn’t it come from a nation that leads in terms of environment, social progress and regulatory quality?
Despite government approvals and the desire of most Canadians to get new pipelines built, delays have affected this nation-building project proposal.
Lack of pipelines have driven down investment in Canada’s oil sands even as investment grows elsewhere.
Oil sands producers work to minimize their land footprint and to reclaim all lands that are disturbed.