The UCP and its allies in the Postmedia pundit class will continue to pretend the world achieving net-zero emissions by 2050 isn’t realistic, even as they’ve committed to the same net-zero timeline. They will continue to insist they can reach their emissions reduction targets by exporting more LNG, a fantasy that the federal government is apparently now willing to at least humour. “Credit for LNG deals with other countries is essential to Alberta’s emerging policy to go net zero by 2050,” the.
Conservatives keep pretending that Justin Trudeau wants to"phase out" Alberta's oil and gas industry. But as a new report from the Canadian Energy Regulator shows, it's the rest of the world they should probably be worried about, @maxfawcett writes. The biggest risk here to Alberta, then, is clearly to the downside — and that’s before even contemplating the inevitable shift in OPEC’s market management strategy away from cutting production to drive up prices. Once they decide to start pumping as much as they can before the fossil fuel era comes to a close, there’s no telling how low prices might get.
If the Alberta NDP wants to chart a course back to power in 2027, it has to take on the leadership role here that the UCP will almost certainly abdicate. It needs to explain what’s really at stake here for Albertans and their kids, which policies can help them manage the growing uncertainty around the future, and why addressing the province’s huge inventory of unreclaimed wells and oilsands tailings ponds can’t wait until the companies responsible for them go bankrupt or walk away.