The way through today’s energy crisis is with clean energy

The document asserts that based on the IEA's 2022 World Energy Outlook, there is no viable long-term scenario for the growth of fossil fuels, including natural gas. It argues that expanding long-lived infrastructure like liquefied natural gas (LNG) is a risky gamble for public funds, especially as Canada faces competition from lower-cost suppliers like the United States and Qatar. The author concludes that the only durable solution to the current energy and climate crises is a dramatic scaling up of clean energy and energy efficiency.

• The International Energy Agency's 2022 World Energy Outlook indicates that no energy system scenario supports continued long-term growth for fossil fuels, including natural gas.
• Fossil fuel use is projected to peak within a few years, with natural gas demand plateauing by 2030 in conservative scenarios. In net-zero scenarios by 2050, natural gas demand is projected to drop by 78 per cent.
• While demand for liquefied natural gas (LNG) may rise modestly by 2050 under current stated policies, it is not required in a world that achieves net zero goals if the capacity is not already under construction.
• Investing public money in new LNG projects is considered risky because Canada may be outcompeted by the United States and Qatar, who have lower production costs or better market proximity; 85 per cent of LNG supply growth to 2030 in the IEA's stated policies scenario comes from these other countries.
• The primary solution to the current energy crisis and the path to net zero emissions is the significant expansion of clean energy and energy efficiency.

APA

Canadian Climate Institute (2022). The way through today’s energy crisis is with clean energy. https://climateinstitute.ca/the-way-through-todays-energy-crisis-is-with-clean-energy/

Chicago

Canadian Climate Institute. The way through today’s energy crisis is with clean energy. 2022. https://climateinstitute.ca/the-way-through-todays-energy-crisis-is-with-clean-energy/.

Wikipedia

{{cite press release |author=Canadian Climate Institute |title=The way through today’s energy crisis is with clean energy |date=1 November 2022 |url=https://climateinstitute.ca/the-way-through-todays-energy-crisis-is-with-clean-energy/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{canadianclimateinstitute2022way, author = {{Canadian Climate Institute}}, title = {{The way through today’s energy crisis is with clean energy}}, publisher = {Canadian Climate Institute}, year = {2022}, month = nov, url = {https://climateinstitute.ca/the-way-through-todays-energy-crisis-is-with-clean-energy/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }