A Dialogue on a Just and Managed Transition to a Paris-Aligned Low-Carbon Future
The International Institute for Sustainable Development (IISD) and Oil Change International (OCI) hosted a Chatham House Rule round table discussion on Canada's energy transition in May 2018. This discussion paper highlights key outcomes from this round table for the purposes of informing continuing conversation.
In Paris in 2015, the world agreed to limit global warming to well below 2°C and aspired to keep it to 1.5°C.
Canada was a champion of this ambitious outcome and now faces the task of both meeting existing targets and increasing ambition.
As a wealthy, major fossil fuel producer, Canada has the opportunity to be among the leaders in charting abpathway away from fossil fuel production toward a low-carbon future.
Movement to end the expansion of oil, gas and coal production is quickly becoming a hallmark of climate leadership, as are calls to begin a managed phase-out and just transition in line with the Paris goals. Canada has taken important steps with its Just Transition Task Force and the phase-out of coal, but this work should inform a near-term parallel process for oil and gas.
A dialogue to define how to manage this transition such that it protects workers, communities, economies and the climate is a critical one that can only benefit from starting sooner rather than later. To this end, the International Institute for Sustainable Development (IISD) and Oil Change International (OCI) hosted a Chatham House Rule round table discussion on the topic in May 2018.
This discussion paper highlights key outcomes from this round table for the purposes of informing continuing
conversation.
Funded by
You might also be interested in
Rules and Tools From Australia’s Sustainable Finance Roadmap
This report provides an overview of the rules and tools employed in Australia’s Sustainable Finance Roadmap along with five recommendations that Canada should consider.
Charting the Course
This report assesses three trajectories for Canada's industrial carbon price between 2030 and 2040.
Designed to Fail
This report explores how low-density, car-oriented development increases infrastructure costs and drives greenhouse gas emissions.
Memorandum of Understanding Agreement Erodes Last Pillar of Canadian Climate Policy
The governments of Canada and Alberta have announced new details on an oil pipeline while significantly weakening the industrial carbon price. Doubling down on oil and gas while much of the world is transitioning away from fossil fuels sets Canada on a path toward greater economic risk and worsening climate impacts.