Energy scenarios have a key role to play in guiding the energy transition by informing investor expectations and policy decision making. The recent International Institute for Sustainable Development’s Navigating Energy Transitions report conducts an unprecedented analysis of the most influential modelled pathways consistent with limiting warming to 1.5°C. The research finds that all major 1.5°C scenarios agree: there is no room for new oil and gas development. This conclusion, shared by the International Energy Agency, has important implications for fossil fuel production both globally and in Canada and must be accounted for in Canadian policy-making.
This webinar will unpack key findings from the IISD's 2022 report outlining barriers to energy transitions, and highlight solutions to overcome such challenges. Additionally, it will provide Canadian policy-makers and financial institutions with information on how they can navigate the current energy crisis, while maintaining ambition to limit warming to 1.5°C. The event will connect to current policy developments, including the proposed cap on emissions from the oil and gas sector and clean electricity regulations.
Following a presentation of the report’s key findings, panelists Jan Gorski, Director of the Pembina Institute's oil and gas program, and Caroline Lee, Research Lead with the Canadian Climate Institute, will reflect on intersections with key Canadian policy areas and industries, and engage in a moderated discussion on the national implications of 1.5°C energy scenarios.