Energy, climate and economic security, and Canada’s road from oil exporter to deep decarbonization

Authored by: Chris Bataille

Handbook of Transitions to Energy and Climate Security

Print publication date:  November  2016
Online publication date:  November  2016

Print ISBN: 9781857437454
eBook ISBN: 9781315723617
Adobe ISBN:

10.4324/9781315723617-9

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Abstract

As of late 2014, international political consensus was shifting to acceptance that deep emission reductions were necessary to avoid dangerous climate change, exemplified by a 2015 G7 communiqué where all members committed to limiting the anthropogenic increase in global mean surface temperature to less than 2 degrees Celsius (°C) by 2050 relative to 19th century global temperatures, and full decarbonization by 2100. 1 According to IPCC, to ensure a better than even chance of remaining below a 2°C average surface temperature rise global annual green-house gas (GHG) emissions will need to be reduced by 42–57% by 2050 relative to 2010, and 73–107% by 2100 in order to stay within a global carbon budget of 960–1,430 GtCO2e. 2 Achieving this target requires steep declines to near zero carbon intensity in all sectors.

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