Most clean energy jobs on the energy supply side are in the renewable electricity sector in 2020, and most of these are associated with hydroelectricity (due to the large base of hydro capacity in Canada). [...] The number of nuclear power related jobs fall from 36 thousand in 2020 to between 28 and 32 thousand in 2050 under the current policies and rollback scenarios, in line with refurbishment and retirement plans in Ontario and New Brunswick. [...] This sector grows from a low base in 2020 to between 11 and 12 thousand jobs by 2050 in the current policies and net zero scenarios, driven by policies such as the clean electricity regulation, federal oil and gas GHG emissions cap and the 75% methane reduction policy. [...] This section quantifies the impact of key uncertainties, including the cost of emerging low carbon technologies, the availability of direct air capture and the level of climate mitigation policy in the US. [...] The oil and gas emissions cap is simulated as a tradable performance standard in which the oil and gas sector is required to reduce its emissions by 42% below 2019 in 2025 and to a maximum of 110 Mt CO2e in 2030 and going forward.
- Pages
- 47
- Published in
- Canada
