Canada
Canada is seldom considered a petrostate, but the northern nation produces 5.2 million barrels of oil every day, ranking fifth in global production. It’s also a major consumer of fossil energy, responsible for the fourth-largest amount of greenhouse gases among OECD nations. Western Canada's oil & gas sector produced a bulk of the 27% of total national GHG emissions in 2020. Onshore conventional and unconventional oil & gas production spreads across Northeast British Columbia to Southern Manitoba. The Oil Sands, focused in Alberta, are some of the highest emitting oil & gas projects on a per barrel basis. The Canadian Net-Zero Emissions Accountability Act, passed in 2021, commits the country to reach net-zero emissions by 2050.
Latest Canada Research
See more >
Canadian LNG will not boost Japan’s energy security or Asia’s decarbonization
Analysis
Glencore’s plan for Teck coal spin-off a risk for British Colombia taxpayers
Analysis
Carbon Capture at Boundary Dam 3 still an underperforming failure
Analysis
Canadian LNG expansion does not make sense, regardless of U.S. LNG pause
Analysis
RBC net-zero engagement policy: A promising start that falls short on key element
Report
The Royal Bank of Canada’s climate policy has come under close scrutiny from its stakeholders
Analysis
Royal Bank of Canada: Falling short on climate change
Report
Stakeholder concerns about British Columbia Investment Management Company (BCI)’s fossil fuel investments do not appear to be letting up anytime soon
Analysis
Latest Canada Reports
See more >
RBC net-zero engagement policy: A promising start that falls short on key element
Report
Royal Bank of Canada: Falling short on climate change
Report
A strategic fossil fuel divestment policy would strengthen the British Columbia Teachers' Pension Plan
Report
ArcelorMittal: Green steel for Europe, blast furnaces for India
Report
Trans Mountain expansion could never return the expected $26.1 billion spent by taxpayers
Report
Review of LNG Canada Project: Delays, Policy Changes, and Rising Costs
Report
ExxonMobil: Permian leader or just another fracker?
Report
Two years behind schedule, Boundary Dam 3 coal plant achieves goal of capturing 4 million metric tons of CO2
Report
Latest Canada Press Releases
See more >
IEEFA Canada: Royal Bank of Canada falls short on client engagement strategy
Press Release
IEEFA Canada: Royal Bank of Canada is falling short on climate change pledges
Press Release
Divesting is the correct path for the British Columbia Teachers’ Pension Plan
Press Release
IEEFA North America: British Columbia LNG project costs rising again
Press Release
Carbon capture: a decarbonisation pipe dream
Press Release
Canada’s major banks continue funding oil and gas companies despite growing concerns over decommissioning liabilities
Press Release
IEEFA: Trans Mountain (TMX) pipeline ($17 billion+) will require even more Canadian taxpayer dollars to prop up
Press Release
IEEFA: La expansión del gas de New Fortress Energy presenta mayores riesgos para los inversores
Press Release
IEEFA: New Fortress Energy gas expansion presenting increased risks to investors
Press Release
Federal blue hydrogen incentives: No reliable past, present or future
Press Release
IEEFA: LNG Canada’s BC project likely last for country’s liquefied natural gas industry
Press Release
IEEFA Europe: Overcapacity and investment fever push costs to Spanish consumers, yet Enagás profits
Press Release
