Canada's Energy Transformation: Opportunities and Challenges
Canada's Energy Footprint
Canada's energy production and use significantly contribute to its greenhouse gas (GHG) emissions, with fuel combustion accounting for over 80% of the country's GHG emissions.
Rising Energy Production
Recent Growth
In the third quarter of 2022, Canada's total primary energy production surged by 6.1%, following a previous increase of 4.9%.
Over the past year, primary energy production has risen by 3.9% to reach 22,616 petajoules.
Energy Transition: Challenges and Opportunities
Complex Landscape
Canada's energy transformation presents both challenges and opportunities due to its unique energy profile as a major producer and consumer.
In 2022, the energy sector accounted for approximately 11.8% of Canada's nominal Gross Domestic Product (GDP).
Innovative Solutions
Canada is recognized for its innovative technologies in energy production and use, showcasing its commitment to sustainable and efficient practices.
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