With an election coming, updates on Alberta energy policy

pembina energy alberta 2019With a provincial election looming large in Alberta, the Pembina Institute released a new publication, Energy Policy Leadership in Alberta, on March 8,  with  this introduction: “Like most Albertans, we want to see the responsible development of oil and natural gas. The province’s policy and regulatory environment must ensure that our resources are produced in a manner that is both economically and environmentally sustainable. … Alberta’s future as an energy provider is directly linked to an ability to demonstrate a demand for its products in a decarbonizing world. With the right policies, Alberta can be competitive, attract investment, spur innovation and remain a supplier of choice in the global energy market.”  The 17-page document, intended to reach across political partisan thinking, continues by outlining 23 policy recommendations “to unleash innovative technologies, deploy renewables, promote energy efficiency, continue greening our fossil fuel industries, and reduce climate pollution.”

The Alberta government itself is active in getting out its story about its energy policies.  Most recently, the Alberta Climate Leadership Progress Report  was released in March 2019, documenting the fiscal year of April 1, 2017 to March 31, 2018 –  the first year Alberta collected a carbon levy.  The report states that a total of $1.19 billion of carbon revenue was invested back into the economy that year, and a press release of March 7  catalogues the impacts, including:

  • Climate Leadership Plan (CLP) investments have supported more than 5,000 jobs in 2017-18. CLP commitments, such as the Green Line in Calgary, will support a further 20,000 jobs in the coming years.
  • Combining 2016-17, 2017-18 and 2018-19 fiscal years, a total of $978 million in rebates has made life better and more affordable for lower- and middle-income Albertans.
  • The solar industry in Alberta has grown by more than 800 per cent…. About 3,100 solar installations have been completed across the province.
  • Alberta is forecast to cut emissions by more than 50 megatonnes in 2030.

Further press releases from the government :

“Alberta solar on the rise“: (Feb. 15) announced a new contract for  solar electricity with Canadian Solar,  to run from 2021 to 2041,  at an average price of 4.8 cents per kilowatt hour, sufficient  to supply approximately 55 per cent of the government’s annual electricity needs while creating jobs in Southern Alberta.

Premier’s plan unlocks $2-billion energy investment” (Feb. 20) announced that the province will provide up to $80 million in royalty credits, funded through the Petrochemicals Diversification Program , to support phase one of the a Methanol production project by Nauticol Energy  . Construction is scheduled to begin in 2020, with a commercial operational date set for 2022; the government states that the project will create “as many as 15,500 construction jobs and an additional 1,000 permanent jobs.”

The Alberta Community Transit Fund announced a program which will provides $215 million over 4 years .  The press release lists 33  municipal projects awarded funding  on March 7, 2019.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s