Canada has committed to reducing its emissions by between 40 and 45 percent from 2005 levels by 2030 Oil production is seen rising by as much as 18 percent by 2030 Canada’s Energy Regulator last month estimated that total oil production in the country could peak by 2032 Canada has one of the most ambitious climate commitments in the world. It is also the world’s fourth-largest oil producer, with oil revenues accounting for 5 percent of GDP. It is not an easy situation to be in, but apparently, it is not an impossible one. Canada has committed to reducing its emissions by between 40 and 45 percent from 2005 levels by 2030. It has yet to draw a detailed plan about how to get there, but the Trudeau government has made the commitment. Meanwhile, oil production is seen rising by as much as 18 percent by that year, the […]