Article content A new report by the International Energy Agency warns that the energy sector will need to shelve investments in new oil, natural gas and coal projects if the world is to reach net zero carbon emissions target by 2050 — a recommendation that could lead to a path that would have significant consequences for Canada’s fossil fuels industry. Reaching net zero by 2050 while achieving net economic growth is plausible, according to the IEA report released Tuesday, but would require drastic immediate changes, and will require immediate and massive deployment of all available clean and efficient energy technologies. We apologize, but this video has failed to load.