This release was issued under a previous government.
Other measures include broad programs to improve energy efficiency, support green technological innovations, reduce methane, and provides supports to ensure that families and small businesses are protected.
“Responding to climate change is about doing what’s right for future generations of Albertans – protecting our jobs, health and the environment. It will help us access new markets for our energy products, and diversify our economy with renewable energy and energy efficiency technology. Alberta is showing leadership on one of the world’s biggest problems, and doing our part.”
The plan is based on the advice of the Climate Change Advisory Panel, led by Dr. Andrew Leach, which heard from thousands of individual Albertans and stakeholder groups this fall.
“I thank the panel members and the many Albertans, including Indigenous people, industry, environmental groups, municipalities and other partners and stakeholders for their contribution. This is the right plan for our province, and now is the right time to implement it.”
On the advice of leaders from our energy industry and from civil society, the government will legislate an overall oil sands emissions limit. We will grow our economy by applying technology to reduce our carbon output per barrel, which is what this limit will promote.
“The announcement is a significant step forward for Alberta. We appreciate the strong leadership demonstrated by Premier Notley and her government. The framework announced will allow ongoing innovation and technology investment in the oil and natural gas sector. In this way, we will do our part to address climate change while protecting jobs and industry competitiveness in Alberta.”
“Today we are making history, with Alberta taking its rightful place as a leader on the world stage. Premier Notley promised Albertans leadership on the issue of climate change and she and her government have delivered. This is the right thing to do for both for our environment and our economy. The world needs more of this kind of leadership from major energy producing jurisdictions if we are to avoid dangerous climate change.”
Alberta’s plan includes achievable carbon pollution reduction measures, while using revenues from the plan to help Alberta adapt and thrive in a lower-carbon economy.
Electricity and renewables
- Alberta will phase out all pollution created by burning coal and transition to more renewable energy and natural gas generation by 2030.
- Three principles will shape the coal phase-out: maintaining reliability; providing reasonable stability in prices to consumers and business; and, ensuring that capital is not unnecessarily stranded.
- Two-thirds of coal-generated electricity will be replaced by renewables – primarily wind power – while natural gas generation will continue to provide firm base load reliability.
- Renewable energy sources will comprise up to 30 per cent of Alberta’s electricity production by 2030.
Carbon pricing
- A price on carbon provides an incentive for everyone to reduce greenhouse gas pollution that causes climate change.
- Alberta will phase in this pricing in two steps.
- $20/tonne economy-wide in January 2017
- $30/tonne economy-wide in January 2018
- An overall oil sands emission limit of 100 megatonnes will be set, with provisions for new upgrading and co-generation.
Methane reduction
- In collaboration with industry, environmental organizations, and affected First Nations, Alberta will implement a methane reduction strategy to reduce emissions by 45% from 2014 levels by 2025.
Revenue neutral
- One-hundred per cent of proceeds from carbon pricing will be reinvested in Alberta.
- A portion of collected revenues will be invested directly into measures to reduce pollution, including clean energy research and technology; green infrastructure, such as public transit; and, programs to help Albertans reduce their energy use.
- Other revenues will be invested in an adjustment fund that will help individuals and families make ends meet; provide transition support to small businesses, First Nations, and people working in affected coal facilities.
“We are going to do our part to address one of the world’s greatest problems. We are going to put capital to work, investing in new technologies, better efficiency, and job-creating investments in green infrastructure. We are going to write a made-in-Alberta policy that works for our province and our industries, and keeps our capital here in Alberta.”