Canada’s fossil fuel use to peak in 2019, NEB now projects

Categories: News
Published on: October 30, 2017

CBC News / Robson Fletcher / 26 October 2017

The National Energy Board now projects fossil fuel use in Canada will peak in 2019, a major downward revision of similar estimates it has made annually for the past decade.

It’s the first time in the 11-year history of the NEB’s annual reports on the topic that a peak in fossil fuel demand has been included in the baseline projection.

Previous reports projected demand would increase for the next two or three decades, at least.

The NEB now says things have changed on several fronts, and a peak in domestic demand is likely much sooner than previously expected.

“Improving energy efficiency, somewhat slower economic and population growth projections than in previous outlooks, and climate change policies introduced by various federal and provincial governments underlie this change in trajectory,” the NEB said in a report released Thursday.

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