Ignoring progress, United Nations pushes apocalyptic rhetoric
Much of the discussion and reporting on the new report from the United Nations Intergovernmental Panel on Climate Change (IPCC) is overblown and exaggerated, painting an apocalyptic future that the report itself fails to endorse.
Canadian energy is part of the solution, not the problem.
The oil and gas sector is an easy target for critics who don’t or won’t evaluate facts or engage in a pragmatic, realistic discussion.
IPCC scientists acknowledge the worst-case scenario presented “is considered low in light of recent developments in the energy sector,” but the rhetoric accompanying the report does little to stake out a pathway to a lower carbon future, in which Canada’s energy sector can and should play a key role.
China alone produces 27% of the planet’s GHG emissions, more than the entire developed world combined. Canada is responsible for 1.6%.
Natural gas from Canada can significantly reduce GHG emissions if used to replace coal power.
As of July 2021, there were 195 coal plants under construction around the world including 95 in China, 28 in India and 23 in Indonesia.
Oil and gas companies in Canada spend more than any other sector on cleantech R&D to help reduce energy emissions and improve environmental performance.
Oil sands emissions intensity, down 27% since 2013, is expected to decrease by another 20-30% over the next decade.
It will be virtually impossible for the world to achieve net zero greenhouse gas emissions without carbon capture utilization and storage (CCUS).
Canada is already recognized as a global leader in CCUS development. Projects have safely stored more than 41 million tonnes of CO2 deep underground, or the equivalent of taking > 8 million cars off the road.