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📣#Breaking—up to 66% of future investments in Canadian oil & gas could become unprofitable as global demand falls. Restricting oil & gas production can help prevent stranded assets & protect gov't revenues. 🆕 report: IISD EnvironmentalDefence iisd.org/publications/r… #cdnpoli

New research finds limiting oil & gas development in Canada won’t harm the sector—in fact it could protect its value. With 🌎 oil & gas demand heading towards a permanent decline, 🇨🇦 should limit expansion to ⬇️ economic risks. Report ➡️ iisd.org/publications/r…

Overinvestment in oil & gas puts Canadian industry & gov’t revenues at risk as global demand falls. With 🌎 energy markets already shifting to cleaner alternatives, research warns new fossil fuel developments could be an economic liability not an asset. 📗iisd.org/publications/r…

#Breaking—up to 66% of future investments in Canadian oil & gas could become unprofitable as global demand falls. Restricting oil and gas production can help prevent stranded assets & protect gov't revenues. IISD Energy 🔗iisd.org/publications/r… #cdnpoli

Just over 1 year ago 🇨🇦 passed the #SustainableJobsAct to support workers & communities. Now focus must be on implementation. That means measuring how many green jobs are created, how good those jobs are, & who gets them. Here are indicators to track progress:

🌏Countries first committed to transition away from fossil fuels at COP28. Ahead of #COP30, how can countries advance the commitment and finance a just energy transition? IISD’s Paola Yanguas Parra explains:👇 ➕Want to learn more? Read the full brief: iisd.org/publications/b…

⚠️Continuing with business as usual in Canada’s oil & gas sector risks oversupply & deflated returns. With the IEA confirming oil demand is on track to peak by 2030—limiting expansion can limit losses & ⬆️gov’t revenues as the 🌎 shifts to #CleanEnergy. 📗iisd.org/publications/r…

New NDCs must reflect pledges to transition away from fossil fuels. In a changing 🌎 context, how can gov’ts make plans fundable + ensure a just energy transition? This Thursday, join the conversation with speakers from UNDP Climate, CIF, & more! iisd.org/events/advanci…

#Live now! Discussing SR human rights & climate change, Elisa Morgera report to #HRC59, this side event highlights #HumanRights impacts of fossil fuel life-cycle, int'l human rights obligations, and businesses’ international human rights responsibilities. ▶️ tiny.cc/HRC59Defossili… 📽️ youtube.com/watch?v=bCq0s7…

📣Starting in 1hr—New NDCs must reflect the pledge to transition away from fossil fuels—how can we ensure plans are fair & fundable? Speakers from 🇨🇴, 🇮🇩, 🇬🇭, 🇺🇿, UNDP Climate, & CIF share their insights & experiences. Last chance to register: iisd.org/events/advanci…

New research finds limiting oil & gas development in Canada won’t harm the sector—it could protect its value. With 🌎 oil & gas demand heading toward permanent decline, 🇨🇦 should limit expansion to ⬇️ economic risks. 📗IISD Energy, EnvironmentalDefence: iisd.org/publications/r…

Canada’s oil & gas sector depends on int'l markets. Yet: ➡️Global demand is weakening ➡️Competition is rising ➡️Investments carry trade & climate risks Limiting new projects & expanding renewables better protects jobs, revenues, & investors. New report: bit.ly/447D1KS

Aligning financial flows with the #ParisAgreement will be a key element of this year’s UN Climate talks. This includes advancing commitments to phase out inefficient fossil fuel subsidies. Last week at #SB62, IISD's Dr Natalie Jones outlined a path forward ahead of COP30. 👇

🗣️“Any further investment in #LNG means doubling down on a volatile industry that is already showing signs of oversupply.”   IISD’s Nichole Dusyk lays out the economic risks of expanding LNG in #Canada for the The Globe and Mail’s Brent Jang. 👇 theglobeandmail.com/business/artic…