News Formal

Alberta's Top Court Dismisses Coal Company's Compensation Request

  • 📰 CBCCalgary
  • ⏱ Reading Time:
  • 20 sec. here
  • 15 min. at publisher
  • 📊 Quality Score:
  • News: 56%
  • Publisher: 51%

Energy Notícia

Alberta,Court,Coal Company

Alberta's top court has rejected a coal company's plea for compensation over government policies to phase out coal power. Altius Royalty Corp. had sought $190 million in compensation, claiming that the move to end coal generation was a form of expropriation. The court ruled in favor of the government, stating that the regulations and agreements leading to the end of coal-fired power were beneficial in terms of healthcare and the environment.

Alberta's top court has dismissed a coal company's request for compensation over government policies to phase out coal power.Posted: Apr 04, 2024 7:51 PM EDT | Last Updated: 1 hour ago

Altius Royalty Corp., was asking for $190 million in compensation, arguing federal and provincial moves to end such generation over climate and health concerns was a type of expropriation. In its decision, the Appeal Court says Altius argued the regulations and agreements that led to the end of coal-fired power gave governments the benefit of lower health-care and environmental costs.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 78. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Alberta Court Dismisses Coal Company's Compensation Request Over Phasing Out Coal PowerThe Alberta Court of Appeal has rejected Altius Royalty Corp.'s claim for $190 million in compensation over government policies to end coal power generation. Altius argued that the regulations and agreements leading to the phase-out resulted in lower health-care and environmental costs, which should entitle them to compensation. However, the court ruled that these benefits belong to the public, not the state.
Fonte: timescolonist - 🏆 15. / 75 Consulte Mais informação »

Alberta Appeal Court dismisses coal company lawsuit alleging expropriationEDMONTON — Alberta's top court is dismissing a coal company's request for compensation over government policies to phase out coal power. Altius Royalty Corp.
Fonte: BurnabyNOW_News - 🏆 14. / 77 Consulte Mais informação »

Alberta Appeal Court dismisses coal company lawsuit alleging expropriationAltius, which owns the Genesee coal mine that feeds the Genesee power plant, lost in Court of King’s Bench but took its case to the Alberta Court of Appeal
Fonte: globebusiness - 🏆 31. / 66 Consulte Mais informação »

Alberta Appeal Court dismisses coal company lawsuit alleging expropriationEDMONTON — Alberta's top court is dismissing a coal company's request for compensation over government policies to phase out coal power. Altius Royalty Corp.
Fonte: PGCitizen - 🏆 65. / 51 Consulte Mais informação »

Alberta Appeal Court dismisses coal company lawsuit alleging expropriationEDMONTON — Alberta's top court is dismissing a coal company's request for compensation over government policies to phase out coal power. Altius Royalty Corp.
Fonte: sudburydotcom - 🏆 6. / 89 Consulte Mais informação »