Alberta’s climate change policy welcomed
That’s great! Now, let’s see if they put them into action.
Large emitters will continue to be regulated based on their carbon emissions per barrel of oil, although those requirements will be more stringent.
The first minister’s meeting is not expected to produce any new national target for reducing emissions or policies for achieving it. It is aimed more at demonstrating a new tone in the run-up to the Paris summit. They are more efficient, with combined heat and power technology ensuring that excess heat can be used productively.
While this occurs naturally, scientists say humans play a role as well. The province will offer incentives to encourage renewable generation capacity.
Notley appeared taken aback by some industry speculation about how costly it’ll be for those owners of coal-powered electricity plants.
“[Large institutional investors] fear that in the typical 40 to 50 year lifetimes of these projects they will be confronted, either through innovation or through regulation, with stranded assets”, he said.
The premier’s left-leaning New Democratic Party took power in May, ending 44 years of Conservative rule.
The capital required to completely replace Alberta’s coal fleet with natural gas is $12 billion, Kiefer said.
Notley is joining a delegation from Canada for the United Nations Climate Change conference in Paris, and will be touting the benefits of the $3 billion per year carbon tax and the cap system on oil sands emissions when it begins on November 30th.
In addition to some new gas plants, companies are planning to invest heavily in wind power in the short- to medium-term, and a combination of hydroelectric and solar power in the medium- to long-term.
Speaking to reporters following her speech at an NDP fundraising reception at Stampede Park, Notley said she’s confident her government has a mandate from Albertans for the changes.
We also expect Canada to pledge to stop subsidizing fossil fuels.
Why does any province need federal help to implement a cash grab on its citizens through carbon pricing that real-world experience has shown doesn’t effectively lower greenhouse gas emissions?
“Although there’s still room for improvement, the commitments we’ve en are important contributions to solving the climate crisis and sets the stage for progressively stronger targets as we aim for a renewable energy economy by 2050”, Bruce said. There is a nexus between the climate strategy and last month’s provincial budget, which BLG discussed in further detail in “Alberta Bound?” There’s also a limit on emissions from the province’s oil sands industry.
Recalling a recent incident in Yukon, Pasloski said the territory had to close a school in order to address structural issues that were caused by thawing permafrost.
The Official Opposition leader says the Notley NDP misled Alberta voters about tax increases in the May provincial election. “That is the reputation that mistaken government policy in the past has earned for us”. Homeowners would pay about $470 more per year for all energy costs under such a tax. There will also be added costs for groceries and other goods, she says.
“Whatever comes out of it needs to be taking into account what has been achieved and not pushing them aside as if nothing was done before”, he said.
“As we are meeting, there are literally tens of thousands of Canadians who have been laid off of their jobs in (the oil and gas) sector”, Wall said. “And we have to be realistic”, McKenna said in an interview with the CBC.