The Liberal government has released its “just transition” plan that claims it will not trigger massive unemployment in the country’s energy towns.
Released on Feb. 17, the “Sustainable Jobs Plan” says the federal government aims to create “sustainable jobs” in every region of Canada as it looks to move the country to a “net-zero world.”
“Between now and a net-zero world in 2050, there will be continuing but declining demand for oil and gas in conventional combustion applications,” said the report.
It said the difference post-2050 will be in how oil will be used.
“We will no longer primarily use oil in combustion applications—like cars and buses,” the report said. “Where we will use it beyond 2050 is in mostly non-combustion applications such as petrochemicals, asphalt, lubricants, solvents, carbon graphite and waxes.”…