The Maritime Sikh Society says the body of a young employee who died at a Walmart in Halifax last weekend was found by her mother.
To save the climate, the oil and gas sector must slash planet-warming operations, report says
The oil and gas sector, one of the major emitters of planet-warming gases, will need a rapid and substantial overhaul for the world to avoid even worse extreme weather events fuelled by human-caused climate change, according to a report released Thursday.
- Climate Barometer newsletter: Sign up for more on how a warming planet impacts you
- Top climate and environment headlines, all in one place
The current investment of $800 billion a year in the oil and gas sector will need to be cut in half and greenhouse emissions, which result from the burning of fossil fuels like oil, will need to fall by 60 per cent to give the world a fighting chance to meet its climate goals, the International Energy Agency said. Greenhouse gases go up into the atmosphere and heat the planet, leading to several impacts, including extreme weather events.
The IEA's report comes just ahead of the United Nations climate conference, or COP28, which begins next week. Oil and gas companies, as well as other people and organizations connected to fossil fuels, often attend the meeting, drawing criticism from environmentalists and climate experts. But others say the sector needs to be at the table to discuss how to transition to cleaner energy.
"The oil and gas industry is facing a moment of truth at COP28 in Dubai," said Fatih Birol, executive director of the IEA in a press statement on the report's release. "Oil and gas producers need to make profound decisions about their future place in the global energy sector."
Last year's climate conference in Egypt saw 400 people connected with fossil fuel industries attending the event, according to an analysis by The Associated Press. The upcoming meeting has also come under fire for appointing the chief of the Abu Dhabi National Oil Company as the talks' president.
The energy sector is responsible for over two-thirds of all human activity-related greenhouse gas emissions, and oil and gas is responsible for about half of those, according to the IEA. Oil and gas companies are also responsible for more than 60 per cent of methane emissions -- a gas that traps about 87 times more heat than carbon dioxide on a 20-year timescale.
Oil and gas companies can find alternative revenue from the clean energy economy, including hydrogen and hydrogen-based fuels and carbon capture technologies, the report said. Both clean hydrogen -- made from renewable electricity -- and carbon capture -- which takes carbon dioxide out of the atmosphere -- are currently untested at scale.
The report looked at climate promises made by countries as well as a scenario where the world had reached net zero emissions by 2050. It found that if countries deliver on all climate pledges, demand for oil and gas will be 45 per cent lower than today's level by 2050. If the world reaches net zero by then, demand would be down 75 per cent, it said.
Earlier this year, another IEA report found that the world's oil, gas and coal demand will likely peak by the end of this decade.
Vibhuti Garg, a New Delhi-based energy analyst with the Institute for Energy Economics and Financial Analysis, said that the need for oil and gas is "bound to decline."
"There are cheaper alternatives that are cleaner, so countries will start using those options and reduce their reliance on these expensive fuels," she said.
------
Follow Sibi Arasu on X, formerly known as Twitter, at
------
Associated Press climate and environmental coverage receives support from several private foundations. See more about AP's climate initiative here. The AP is solely responsible for all content.
CTVNews.ca Top Stories
Four people are dead and another is in hospital after a Tesla driving through downtown Toronto at a high rate of speed crashed into a guardrail and struck a concrete pillar on Lake Shore Boulevard.
Prosecutor recommends parole for Menendez brothers in 1989 murder of parents
A Los Angeles prosecutor said on Thursday he would ask a judge to release Erik and Lyle Menendez on parole after nearly 35 years in prison for the shotgun murder of their parents, as new evidence emerged indicating they were sexually abused by their father for years.
Former Sports Illustrated swimsuit model says Trump groped her to show off for Jeffrey Epstein
A former Sports Illustrated swimsuit model鈥痠s alleging鈥痶hat former President Donald Trump groped her in the 1990s, in what she believes was an attempt to show off for Jeffrey鈥疎pstein.
'Never said I was going to close the door on politics forever': Christy Clark on interest in federal leadership run
As Prime Minister Justin Trudeau faces growing pressure from within his own caucus to step aside, former B.C. premier Christy Clark says she is open to returning to politics.
Montreal police say four teenagers suffered stab wounds after an altercation near John F. Kennedy High School in the city's Villeray鈥擲aint-Michel鈥擯arc-Extension borough on Thursday.
More straight couples are calling each other partner. Here's why
Within a year of dating, 31-year-old Siara Rouzer crossed a major relationship milestone. The guy she was seeing was no longer a boyfriend but her partner.
Trudeau announces massive drop in immigration targets as Liberals make major pivot
The federal government is slashing immigration targets to levels that will flatten population growth as Prime Minister Justin Trudeau admits the government did not get the balance right after the COVID-19 pandemic.
The Ottawa Police Service has identified the woman who was stabbed to death at Paul Landry Park on Uplands Drive Thursday morning.
Local Spotlight
A new resident at a Manitoba animal rescue has waddled her way into people's hearts.
Hundreds of people ran to the music of German composer and pianist Beethoven Wednesday night in a unique race in Halifax.
He is a familiar face to residents of a neighbourhood just west of Roncesvalles Avenue.
A meteor lit up our region's sky last night 鈥 with a large fireball shooting across the horizon over Lake Erie at around 7:00 p.m.
Residents of Ottawa's Rideauview neighbourhood say an aggressive wild turkey has become a problem.
A man who lost his life while trying to rescue people from floodwaters, and a 13-year-old boy who saved his family from a dog attack, are among the Nova Scotians who received a medal for bravery Tuesday.
A newly minted Winnipegger is hoping a world record attempt will help bring awareness for the need for more pump track facilities in the city.
A Springfield, Ont. man is being hailed a 'hero' after running into his burning home to save his two infant children.
Hortense Anglin was the oldest graduate to make her way across the platform at York University's Fall Convocation ceremony this week. At the age of 87, she graduated with an Honours degree in Religious Studies.