OTTAWA, Nov. 29, 2011 /CNW/ - To get serious about climate change,
Canada needs to not only cut its consumption of fossil fuels, but also
stop peddling fossil fuels in export markets, says study released today
by the Canadian Centre for Policy Alternatives (CCPA).
According to the study, greenhouse gas emissions embodied in Canadian
exports of fossil fuels in 2009 were 15% greater than the emissions
from all fossil fuel combustion within Canada, and almost four times the
emissions from extracting and processing fossil fuels in Canada.
"Canada is more than an addict to fossil fuels," says CCPA Senior
Economist Marc Lee, the study's lead author. "We are a major dealer.
And that has huge consequences for people in other parts of the world
who have done little to cause climate change."
Canada's confirmed fossil fuel reserves are equivalent to 91.4 Gigatonnes (Gt) of CO2 emissions, about three times annual global CO2 emissions. Total possible reserves (given changes in technology and economic conditions) are much
higher, equivalent to almost 40 years of global emissions at current
"When it comes to carbon, Canada has 'the bomb'," Lee says. "The vast
majority of our fossil fuel reserves must stay in the ground if we are
to have any chance at stabilizing the global climate system."
The study argues that Canada cannot meet its international emissions
commitments under the Copenhagen Accord without confronting GHG
emissions from the oil and gas sector, and urges the country to provide
climate leadership by changing course.
"In order to become part of the climate change solution, Canada needs to
impose a moratorium on new coal mining and oil and gas extraction
projects," Lee concludes.
Peddling GHGs: What is the Carbon Footprint of Canada's Fossil Fuel
Exports? is available on the CCPA website: http://www.policyalternatives.ca
SOURCE Canadian Centre for Policy Alternatives
For further information:
Kerri-Anne Finn, CCPA Senior Communications Officer, at 613-563-1341 x306.