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Why is Alberta pausing new renewable energy projects?

Aug 16, 2023
20:19
Snipd AI
This podcast discusses the Alberta government's pause on new solar and wind projects, Premier Danielle Smith's opposition to a net zero power grid, concerns about stability in Alberta's power grid, concerns raised by rural Albertans and the Alberta Utilities Commission about renewable energy projects, the role of natural gas as a bridging fuel, and the potential impact of Alberta's decision on the renewable energy industry and job market.
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Podcast summary created with Snipd AI

Quick takeaways

  • The pause on approving new solar and wind projects in Alberta has created uncertainty and backlash within the renewable energy industry, going against the global trend of transitioning to cleaner energy sources and risking Alberta's reputation as a business-friendly province.
  • Premier Danielle Smith's opposition to the federal government's plan to achieve a net-zero power grid by 2035 demonstrates her hard-line stance on protecting the oil and gas sector, raising concerns about the future of renewable energy development in Alberta and the potential impact on jobs and economic growth.

Deep dives

Alberta government announces pause on new renewable energy projects

The Alberta government has surprised the renewable energy industry by announcing a six-month pause on approving new solar and wind projects. This decision, titled 'creating certainty for renewable projects,' has actually created uncertainty and backlash within the industry. The pause blindsided companies and goes against the global trend of transitioning to cleaner energy sources. The reputation of Alberta as a business-friendly and low-regulation province is also at stake.

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