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Canada's energy regulator says demand for fossil fuels will max out in 2 years

from CTV News

The National Energy Board says Canada's addiction to fossil fuels will peak in two years, but the change won't affect economic growth. For the first time, the board's annual energy futures report says that with climate change policies and growth in clean energy, Canada's consumption of fossil fuels to run cars and heat homes will max out in 2019, start to decline slightly and then flatline over the next two decades. "If you look at our forecasts for the last 10 years, the trajectory for fossil fuel keeps coming down and down and down," said NEB chief economist Shelley Milutinovic. more


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