Invest in Transition, Not Declining Alberta Fossil Sector, IISD Urges Governments – The Energy Mix:

The International Institute for Sustainable Development (IISD)
released a new study last week outlining how long-term demand for oil
will be driven down by global targets to cut carbon-related pollution
and the shift toward putting more vehicles on the road powered by
batteries and alternative fuels, The Canadian Press reports.
That means government spending should be directed away from production
of combustible hydrocarbons and focus instead on Alberta’s economic
transition and diversification, IISD says.

Invest in Transition, Not Declining Alberta Fossil Sector, IISD Urges Governments – The Energy Mix: The International Institute for Sustainable Development (IISD)
released a new study last week outlining how long-term demand for oil
will be driven down by global targets to cut carbon-related pollution
and the shift toward putting more vehicles on the road powered by
batteries and alternative fuels, The Canadian Press reports.
That means government spending should be directed away from production
of combustible hydrocarbons and focus instead on Alberta’s economic
transition and diversification, IISD says.Read More