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Canadian Oil and Gas Production in the Global Clean Energy Transition

Outlook and economic risks

This report assesses economic impacts of business-as-usual investment in Canadian oil and gas production. Using investment and production costs  data from Rystad Energy, these impacts are modelled under three global  demand scenarios from the International Energy Agency. The report finds restricting oil and gas expansion could effectively mitigate economic risks for Canada's investors, industry, and government, especially as the energy transition accelerates.

2025

Published by: IISD, Environmental Defence

Technical paper

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© 2025 By Greg Muttitt.
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