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ARTICLE · 14 NOVEMBER 2011

A Crude Outlook: Hydrocarbons As A Global Energy Source

Dentons Canada LLP
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The world faces huge energy challenges in the coming years.

CanadaEnergy and Natural Resources
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Discussion Paper for The Canadian Ditchley Foundation

The world faces huge energy challenges in the coming years. There is consensus around the broad policy objectives of providing stable, affordable and cleaner energy. Yet, according to the World Energy Council, no country is showing leadership in all three of these areas. One fundamental reason is that no form of energy satisfies all of the criteria. Fossil fuels continue to represent about half of the primary energy demand mix. This proportion has not changed over the last 20 years. According to the International Energy Agency (IEA), fossil fuels will remain dominant for the next 25 years, even if the search for alternatives will inevitably intensify.

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