International Energy Agency

Will 40/40 Take the Heat off Edmonton?

The climate and energy challenge is frequently portrayed as a world of absolutes. We are either doomed, or salvation is just around the corner. We have either missed the narrow window to forestall disaster, or are told it is premature to act in the face of persistent uncertainties.
Getty Images

Can Canada Really Be an "Energy Superpower"

Canada's entire "energy superpower" strategy hinges on high-priced oil, and a recent International Energy Agency report demonstrates that betting on high prices is risky. Canada should pin our future prosperity to the burgeoning renewables market, rather than doubling down on oil. It's the only choice we have for the sake of our environment. And it's the best path forward for our economy, too.
AP

World Oil Markets Face Production Shortfall in Second Half

The IEA warned that unless OPEC could increase production by at least 1.5 million barrels a day, world oil demand is going to surpass available supply during the second half of the year. If there is not enough supply to match the global economy's consumption, world oil prices have only one direction to go.