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GLOBAL RENEWABLES ONLINE - DECEMBER 2011
“Today, Canada is a world leader in the development of clean
energy technologies. Since 2006, the Government of Canada has
invested more than $10 billion to reduce greenhouse gas
emissions and build a more sustainable environment. This
includes investments in green infrastructure, energy efficiency,
clean energy technologies and the production of cleaner energy
and fuels. However, it is important to realize that non-hydro
renewable sources of electricity, such as wind power, biomass
and solar photovoltaic, only generate about 3% of electricity in
Canada and globally. The International Energy Agency
estimates that in 25 years, 80% of global energy demand will be
met by fossil fuels.’ So we must to keep tapping our traditional
sources of energy including hydrocarbons, hydro-electricity and
nuclear.”
“ In an energy-hungry world, our country is the second-largest
producer of uranium. We are the third-largest producer of
natural gas and hydroelectric power. Canada is the world’s
sixth-largest producer of oil. We also have a growing portfolio
of renewable energy, including solar power, tidal energy, bio-
fuels and wind. The energy sector is the single largest private
investor of capital, representing over 20% of total new capital
investment at $81 billion. It accounts for about 7% of our gross
domestic product.”
CANADA AS A RESOURCE SUPERPOWER - REGIONAL FOCUS: CANADA