LES VOIES DE TRANSITION POUR LE SECTEUR PÉTROGAZIER

The report argues that the Canadian oil and gas sector, which accounted for nearly 27% of national greenhouse gas emissions in 2020, must transition to remain competitive as global demand for crude oil is projected to decline by approximately 80% by 2050. Short-term priorities include a drastic reduction of methane fugitive emissions—targeting a 75% reduction by 2030—and the implementation of a sector-specific emissions cap that declines to net-zero by 2050. Long-term, the author proposes that the industry pivot toward producing low-carbon fuels and chemical feedstocks using blue and green hydrogen, carbon capture and storage (CCS), and biomass. The report suggests creating industrial hubs in locations like Fort Saskatchewan and Medicine Hat to coordinate the production and storage of hydrogen, oxygen, and carbon, effectively transforming oil and gas companies into 'carbon management companies'.

• The Canadian oil and gas sector represented approximately 6.5% of Canada's GDP and 16% of its exports in 2020, while contributing nearly 27% of the country's greenhouse gas emissions that same year.
• Global demand for crude oil is projected to decrease significantly, potentially falling by about 80% by 2050 according to the IEA and other actors.
• Methane fugitive emissions in Canada are underestimated; while official figures for the Western Canadian Sedimentary Basin are 1.13%, actual rates could be between 1.7% and 2.3%.
• The Canadian government has committed to reducing oil and gas sector emissions by 30% below 2005 levels by 2030, and specifically aims to reduce fugitive emissions by 75% compared to 2019 levels by 2030.
• To ensure sustainability, blue hydrogen production requires methane fugitive emissions to remain below 0.5% and a CO2 capture rate of at least 90%.
• The report proposes a sector-specific emissions cap for oil and gas combustion and fugitive emissions that would be lowered to net-zero by 2050, potentially allowing for additive and permanent carbon removal offsets.
• The industry can transition into a 'carbon management' sector by utilizing Canada's biomass, clean electricity, and geology to produce low-emission aviation fuels and chemical feedstocks.

APA

Bataille, C. (2022). LES VOIES DE TRANSITION POUR LE SECTEUR PÉTROGAZIER. Canadian Climate Institute. https://institutclimatique.ca/wp-content/uploads/2022/07/Voies-transition-secteur-petrogazier.pdf

Chicago

Bataille, Chris. LES VOIES DE TRANSITION POUR LE SECTEUR PÉTROGAZIER. Canadian Climate Institute, 2022. https://institutclimatique.ca/wp-content/uploads/2022/07/Voies-transition-secteur-petrogazier.pdf.

Wikipedia

{{cite report |last1=Bataille |first1=Chris |title=LES VOIES DE TRANSITION POUR LE SECTEUR PÉTROGAZIER |publisher=Canadian Climate Institute |date=July 2022 |url=https://institutclimatique.ca/wp-content/uploads/2022/07/Voies-transition-secteur-petrogazier.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{bataille2022les, author = {Bataille, Chris}, title = {{LES VOIES DE TRANSITION POUR LE SECTEUR PÉTROGAZIER}}, institution = {Canadian Climate Institute}, year = {2022}, month = jul, url = {https://institutclimatique.ca/wp-content/uploads/2022/07/Voies-transition-secteur-petrogazier.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }