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Canada’s Energy Sovereignty Bet | Edmonton News

Canada’s Energy Sovereignty Bet | Edmonton News

Published 1 month, 2 weeks ago
Description

Canada’s push for “energy sovereignty” through expanded oil exports—especially to Asia—is sparking debate. While Prime Minister Trudeau touts securing new markets, critics argue it’s more about boosting profits than true energy independence. The strategy clashes with climate goals, as higher oil production means more emissions. Unlike other nations investing in renewables and EVs, Canada is doubling down on fossil fuels, risking long-term economic losses as global demand flattens and clean energy grows. With global powers like China leading the clean energy charge, Canada’s oil-heavy path may leave it behind in the energy transition.

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