Rick Smith, President of the 91色情片, made the following statement on the for renewable energy development:聽
鈥淭oday the Alberta government announced sweeping rules and restrictions on future renewable energy development that will throttle a booming industry, increase electricity rates, and drive away investment 鈥 both from renewable energy developers and from companies looking to set up shop in provinces with abundant, low-cost, clean electricity.
鈥淲hile due diligence is always necessary in regulating energy development, the restrictions announced today are not proportionate to the risks and are at odds with regulations currently applied to other industries in Alberta.
鈥淭he 35-kilometre 鈥榖uffer zone鈥 appears to put a on where new renewable energy projects can be located. This new rule will exclude new wind power development in many of the best locations around the province鈥攊ncluding areas where wind projects already exist. Further, outlawing renewable energy development on potential agricultural land impedes the rights of rural landowners and municipalities seeking new economic opportunities. indicates renewable energy and agricultural activities can coexist and help farmers diversify their income.
鈥淭oday鈥檚 announcement also puts Alberta鈥檚 commitment to net zero emissions by 2050 in question. By severely limiting its options to develop new renewable power, Alberta has chosen a much more difficult and costly path to reducing emissions from its electricity sector.
鈥淩enewable energy is today, and is expected to continue to grow at a . By adding significant new red tape and creating unprecedented levels of investor uncertainty to new renewable energy development, Alberta is passing up the opportunity to cut electricity rates and support rural economic development, while tilting the scales in favour of more costly, volatile, and polluting fossil fuel power.
鈥淭his decision will cost Albertans in terms of lost jobs, forfeited investment, and higher electricity rates for decades to come.鈥
Quick Facts:
- The renewable energy sector is an important growth industry for Alberta and Canada鈥檚 clean economy. Last year alone, the sector in Alberta accounted for of Canada鈥檚 overall growth in renewable energy and storage capacity.
- As of last year, there were 118 renewable projects in Alberta representing $33 billion of investment and 24,000 job-years that were at some stage of development, .
- Reaching Canada鈥檚 emissions targets requires a big switch from fossil fuels to clean electricity. The Institute鈥檚 research has shown that electrification is core to to Canada鈥檚 emissions reduction targets.
- The has said that renewable capacity needs to triple worldwide to limit global temperature rise to 1.5掳 Celsius. At COP28 in December, Canada and other signatories to work toward achieving that goal.
Resources:
- Report: The Big Switch: Powering Canada鈥檚 net zero future
- Article:
- Fact sheet: Clean electricity in Canada
- Report: Clean Electricity, Affordable Energy: How federal and provincial governments can save Canadians money on the path to net zero
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Catharine Tunnacliffe
Communications Director
91色情片
(226) 212-9883
ctunnacliffe@climateinstitute.ca