WATERLOO, ONT. – Canada’s fossil gas dependency is a blessing and a curse: The oil and gasoline sector at the moment affords huge financial advantages, however with an environmental drawback that precludes its growth as world greenhouse gasoline emissions targets tighten. The ruling by the Supreme Court docket of Canada confirming the federal authorities’s authority over carbon tax laws is useful, welcome, and a vital step, however one that isn’t sufficient to free us from the continuing reliance on a fossil gas financial system. Can we create a fossil gas dependency future by 2050? This can be a broader query that goes past emissions targets and carbon pricing and covers the necessity for pressing motion by way of a number of lenses: technological innovation, markets, capital funding flows, and the belief that fossil fuels are about to grow to be a product of final resort.