Factors Affecting Energy Resources Availability in Canada
Added on 2020-04-21
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1Factors Affecting Energy Resources Availability in CanadaName:Course:Tutor:College:Date:
FACTORS AFFECTING ENERGY RESOURCES AVAILABILITY IN CANADA 2Executive Summary This paper considers the background presented in the introduction section in order to analyse stakeholders from Canada as part of the Organisation for Economic Cooperation and Development. Most importanty, the analysis of the paper seeks to exhibit an understanding of different factors that affect energy resources availability and managemet. Furthermore, the paper extends towards looking at the impact that these have on the rising energy demand from Canada. Some of the areas of target includes trends and targets in terms of allocation of resources, technical advancement, and the social economic impact. Besides, the paper evaluates the barriersthat hinder Canada to achieveINDC as explained the rest of this paper. The findings shows that several factors affect energy resources and availability in Canada. They include economic problems, low levels of technology, evaluation of energy seservoir, political and regulations, and variations in climate. Secondly, the INDCs also experiences anumber of barriers such as low levels of technological know how, demeaning policies and regulations, unique market needs, political interventions, and low levels of market standards.
FACTORS AFFECTING ENERGY RESOURCES AVAILABILITY IN CANADA 3Table of ContentsExecutive Summary.....................................................................................................................................21.Introduction.........................................................................................................................................52.Canadian Energy Resources Overview.................................................................................................53.Factors Affecting Energy Resources Availability in Canada..................................................................63.1.Economic problems.....................................................................................................................63.2.Low Technology Levels................................................................................................................63.3.Energy Reservoir Evaluation........................................................................................................73.4.Political and Regulatory Aspects..................................................................................................73.5.Climatic Variation.........................................................................................................................73.6.Environmental regulations...........................................................................................................83.7.Few Energy Generating Companies.............................................................................................83.8.Population Class Variation...........................................................................................................83.9.Poor Management Planning........................................................................................................93.10.Companies view on Energy Management................................................................................93.11.Energy Historical Background..................................................................................................94.Trends and Targets in Allocation of Resources..................................................................................105.Trends and Targets in Technological Advancement..........................................................................106.Trends and Targets on Socioeconomic..............................................................................................117.Barriers to Indented Nationally Determined Contributions (INDCs)..................................................127.1.Low Technological Know How...................................................................................................127.2.Demeaning Policies and Regulations.........................................................................................127.3.Market Needs Uniqueness.........................................................................................................127.4.Low Management Standards.....................................................................................................137.5.Political Intervention..................................................................................................................137.6.Lack of Implementation of Environmental Conservation Mechanisms......................................138.Conclusion.........................................................................................................................................13Bibliographies............................................................................................................................................14
FACTORS AFFECTING ENERGY RESOURCES AVAILABILITY IN CANADA 41.Introduction Energy resources are beneficial in our daily activities. Several factors affect energy resources available and thus raising their demand level. Management regulation and policies towards energy exploitation affect its availability. Some of these strategies hinder technological usage in the energy exploitation due to environment conservation. All this contributes to a deficiency in energy resources due to the low rate of its exploitation. The factors affecting energyavailability are commonly found in the members of Organizational for Economic Cooperation and Development (OECD). Canada is an example of a country under OECD with diverse factors affecting energy availability. Currently, the Intended Nationally Determined Contributions (INDCs) are a major benchmark for measuring COP21 progress and planning processes. Many INDCs are directly backed by already existing national legislation or policies. Moreover, several INDCs provide information on processes towards new legislation and policies, triggered by the preparation of the INDCs. While the level of ambition and the degree of advancement in nationalclimate policies vary, all Parties mentioned that their INDCs are based on, among others, existing policies or ongoing national processes, as well as on experiences with implementing the Convention and its Kyoto Protocol2.Canadian Energy Resources OverviewThe initial crude oil production in the year 1998 increased oil levels in Canada. The synthetic crude and asphalt generation also increased. In the year 1995, low crude prevailing market prices reduced the conservative substantial crude oil generation. This was as a result of the suspension of crude oil exploitation in various wells due to massive losses. The fall in crude oil prices was due to poor management originating from economic and political disparities.
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