As Prime Minister Justin Trudeau said this week he "misspoke" when predicting the oilsands would someday have to be phased out, a new study says reducing oil production is exactly what the country needs to be doing if the world is going to meet its targets under the Paris climate agreement.
“Canada’s exports of fossil fuels do not need to drop to zero immediately, but we cannot pursue policies that further increase extracted carbon,” economist Marc Lee wrote in the report for the Canadian Centre for Policy Alternatives and the Parkland Institute.
