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Carney’s ‘net-zero’ goal remains detached from reality

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From the Fraser Institute

By Julio Mejía and Elmira Aliakbari

Following last month’s European Union-Canada 2025 Summit, Prime Minister Carney and his EU counterparts issued a joint statement reaffirming their shared commitments, which include reaching “net-zero” by 2050 and transitioning away from fossil fuels. This confirms the Carney government intends to stay the course set by the Trudeau government. However, despite these commitments and the trillions invested toward this goal, the timeline to phase out fossil fuels and achieve a zero-carbon economy by 2050 remains disconnected from reality.

Building a “net-zero” economy by 2050 requires phasing out fossil fuels—such as oil, natural gas, and coal—as primary energy sources, or offsetting their greenhouse gas emissions with other activities such as tree planting. Governments and firms worldwide have devoted a massive amount of resources to achieve this goal. According to the International Energy Agency (IEA), between 2015 and 2025 alone, public and private investment in “clean energy” totalled approximately US$16.7 trillion (inflation-adjusted). That’s equivalent to China’s total economic output in 2022.

And yet, according to new data released by the Energy Institute, from 1997 (when the Kyoto Protocol set binding international decarbonization targets) to 2024, global use of oil, natural gas and coal increased by 58 per cent. Specifically, oil consumption grew by 33 per cent, natural gas by 87 per cent and coal by 73 per cent. In 2024, fossil fuels still provided 80.6 per cent of global energy consumption—a slight decline from 85.7 per cent in 1997.

Canada has followed a similar pattern despite the billions spent by Ottawa and various provinces. Between 1997 and 2024, our country’s use of fossil fuels as a primary energy source actually grew by 17 per cent. And the share of fossil fuels in Canada’s total energy consumption rose from 63.1 per cent in 1997 to 66.3 per cent in 2024. Simply put, despite a cascade of regulations, taxes and multibillion-dollar subsidies, the country is becoming more—not less—reliant on fossil fuels.

So, why hasn’t this costly push to transition away from fossil fuels played out the way Ottawa and the provinces intended?

Because major energy transitions are inherently slow and take centuries, not a couple of decades. As noted by scholar Vaclav Smil, the first energy transition—from biomass fuels such as wood and charcoal toward fossil-based energy—unfolded over more than two centuries. And that transition is still underway. As of 2020, close to three billion people in developing countries still relied on charcoal, straw and dried dung for cooking and heating. These energy sources still accounted for roughly 7 per cent of global energy consumption at the beginning of this decade.

Biomass (wood, charcoal, etc.) powered human civilization for millennia, and only around 1900 did coal became a predominant global energy source. Moreover, it wasn’t until the 1950s that oil accounted for one-quarter of global fossil fuel consumption, reaching that milestone roughly 150 years after it was first introduced into the energy market. And it wasn’t until the end of the 20th century, after about 130 years of development, that natural gas reached 25 per cent of all fossil fuels consumed worldwide.

World leaders, including Prime Minister Carney, should acknowledge reality and be transparent about the commitments they make on behalf of their citizens. Despite decades of international pledges, costly policies and trillions spent, fossil fuel use keeps growing, making net-zero by 2050 a wholly unrealistic goal.

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Energy

Canada’s debate on energy levelled up in 2025

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From Resource Works

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Compared to last December, Canadians are paying far more attention.

Canada’s energy conversation has changed in a year, not by becoming gentler, but by becoming real. In late 2024, pipelines were still treated as symbols, and most people tuned out. By December 2025, Canadians are arguing about tolls, tariffs, tanker law, carbon pricing, and Indigenous equity in the same breath, because those details now ultimately decide what gets built and what stays in the binder. Prime Minister Mark Carney has gone from a green bureaucrat to an ostensible backer of another pipeline from Alberta to the West Coast.

From hypothetical to live instrument

The pivot began when the Trans Mountain expansion started operating in May 2024, tripling capacity from Alberta to the B.C. coast. The project’s C$34 billion price tag, and the question of who absorbs the overrun, forced a more adult debate than the old slogans ever allowed. With more barrels moving and new Asian cargoes becoming routine, the line stopped being hypothetical and became a live economic instrument, complete with uncomfortable arithmetic about costs, revenues, and taxpayer exposure.

The American election cycle then poured gasoline on the discussion. Talk in Washington about resurrecting Keystone XL, alongside President-elect Donald Trump’s threats of 25 percent tariffs, reminded Canadians how quickly market access can be turned into leverage.

In that context, Trans Mountain is being discussed not just as infrastructure, but as an emergency outlet if U.S. refiners start pricing in new levies.

The world keeps building

Against that backdrop, the world kept building. Global pipeline planning has not paused for Canadian anxieties, with more than 233,000 kilometres of large diameter oil and gas lines announced or advancing for 2024 to 2030. The claim that blocking Canadian projects keeps fossil fuels in the ground sounds thinner when other jurisdictions are plainly racing ahead.

The biggest shift, though, is domestic. Ottawa and Alberta signed a memorandum of understanding in late November 2025 that sketches conditions for a potential new oil pipeline to the West Coast, alongside a strengthened industrial carbon price and a Pathways Alliance carbon capture requirement. One Financial Post column argued the northwest coast fight may be a diversion, because cheaper capacity additions are on the table. Another argued the MOU is effectively a set of investment killers, because tanker ban changes, Indigenous co ownership, B.C. engagement, and CCUS preconditions create multiple points of failure.

This is where Margareta Dovgal deserves credit. Writing about the Commons vote where Conservatives tabled a motion echoing the Liberals’ own MOU language, she captured the new mood. Canadians are no longer impressed by politicians who talk like builders and vote like blockers. Symbolic yeses and procedural noes are now obvious, and voters are keeping score.

Skills for a new era

The same sharper attention is landing on carbon capture, once a technocratic sidebar. Under the MOU, a new bitumen corridor is tied to Pathways Alliance scale carbon management, and that linkage is already shaping labour planning. A Calgary based training initiative backed by federal funding aims to prepare more than 1,000 workers for carbon capture and storage roles, a sign that contested policy is producing concrete demand for skills.

British Columbia is no longer watching from the bleachers. It flared again at Carney’s December 18 virtual meeting, after Environment Minister Steven Guilbeault resigned from cabinet over it. Premier David Eby has attacked the Alberta Ottawa agreement as unacceptable, and Prime Minister Mark Carney has been forced into talks with premiers amid trade uncertainty. Polling suggests the public mood is shifting, too, with a slim majority of Canadians, and of British Columbians, saying they would support a new Alberta to West Coast pipeline even if the B.C. government opposed it, and similar support for lifting the tanker ban.

None of this guarantees a new line, or even an expanded one. But compared with last year’s tired trench warfare, the argument now has stakes, participants, and facts. Canadians have woken up to the reality that energy policy is not a culture war accessory. It is industrial policy, trade policy, and national unity policy, all at once.

Resource Works News

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Energy

New Poll Shows Ontarians See Oil & Gas as Key to Jobs, Economy, and Trade

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From Canada Action

By Cody Battershill 

A new Ontario-wide survey conducted by Nanos Research on behalf of Canada Action finds strong public consensus that Canadian oil and gas revenues are critical to jobs, economic growth, and trade – and that Canada should lean into its energy advantage at home and abroad.

“Our polling feedback shows that a majority of Ontarians recognize the vital, irreplaceable role oil and gas has to play in our national economy. Canadians are telling us they want to see more support for the oil and gas sector, which is foundational to our standard of living and economy at large,” said Canada Action spokesperson, Cody Battershill.

The online survey of 1,000 Ontarians shows that more than four in five (84 per cent) respondents believe oil and gas revenues are important for creating jobs for Canadians and building a stronger economy. Additionally, four-in-five (80 per cent) support Canada developing a strategy to become a preferred oil supplier to countries, while Ontarians are more than eight times as likely to support as to oppose Canada supplying oil and gas, provided it remains a major source of energy worldwide.

POLL - more than four in five (84 per cent) of Ontarians believe oil and gas revenues are important for creating jobs for Canadians

“Building new trade infrastructure, including pipelines to the coasts that would get our oil and gas resources to international markets, can help Canadians diversify our trading partners, maximize the value of our resources, and secure a strong and prosperous future for our families,” Battershill said.

Also, nearly four-in-five (79 per cent) of Ontarians say oil and gas revenues are important for keeping energy costs manageable for Canadians.

“Our poll is just one of many in Canada since the start of 2025 that show a majority of Canadians are supportive of oil and gas development. It’s time we get moving forward on these projects without delay and learn from the lessons of our past, where we saw multiple pipelines cancelled to the detriment of Canada’s long-term economic success.”

80 per cent of Ontarians support Canada developing a strategy to become a preferred oil supplier to the world

Additional findings include:

  • Four-in-five (80 per cent) of Ontarians support Canada supplying oil and gas, provided it remains a major source of energy worldwide.
  • Four-in five (80 per cent) of Ontarians believe oil and gas revenues are important when it comes to building stronger trading partnerships.
  • Nearly four-in-five (79 per cent) of Ontarians say oil and gas revenues are important for keeping energy costs manageable for Canadians.
  • Nearly four-in-five (78 per cent) of Ontarians support Canada stepping up to provide our key NATO allies with secure energy sources.
  • Nearly four-in-five (78 per cent) of Ontarians support Canada increasing oil and gas exports around the world, about six and a half times more likely than to oppose.
  • Nearly four-in-five (77 per cent) of Ontarians support Canada providing Asia and Europe with oil and gas so that they are less reliant on authoritarian suppliers.
  • Nearly three-in-four (74 per cent) of Ontarians support Canada increasing oil and gas exports around the world, five times more likely than to oppose.
  • Nearly three-in-four (74 per cent) of Ontarians say oil and gas revenues are important to reducing taxes for Canadians.
  • More than seven-in-ten (71 per cent) of Ontarians support building new energy infrastructure projects without reducing environmental protections and safety.
  • More than six-in-ten (63 per cent) of Canadians say they are important for paying for social programs, including health care, education, and other public services.
  • Respondents were nine times more likely to say the government approval process for energy infrastructure projects is too slow (46 per cent) rather than too fast (5 per cent).

80 per cent of Ontarians support Canada supplying oil and gas to the world as long as it continues to be a major source of energy79 per cent of Ontarians say oil and gas revenues are important for keeping energy costs manageable for Canadians78 per cent of Ontarians support Canada stepping up to provide our key NATO allies with secure energy sources78 per cent of Ontarians support increasing oil and gas exports around the world, 6x more than those who oppose this

About the survey

The survey was conducted by Nanos Research for Canada Action using a representative non-probability online panel of 1,000 Ontarians aged 18 and older between December 10 and 12, 2025.

While a margin of error cannot be calculated for non-probability samples, a probability sample of 1,000 respondents would have a margin of error of ±3.1 percentage points, 19 times out of 20.

SOURCE: Canada Action Coalition

Cody Battershill – [email protected]

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