Calgary, AB (September 14, 2016): Statement from Dr. David Swann on new government program to have 30% renewables by 2030.
“While I applaud any effort to increase the renewable portion of Alberta’s electricity mix, and the health benefits of eliminating coal-fired electricity, the announcement today by Ministers Phillips and McQuaig-Boyd shed very little light on how the government plans to meet their target. This is a massive increase in renewable electricity generation in a market currently over-supplied and with the lowest prices in recent history.
“We aren’t told how they plan to encourage investment, what incentives they will offer new projects or, most importantly, what it will cost government and electricity rate-payers to achieve such a bold target. Albertans and investors need to know how the current market-based system will change.
“Further, they’ve not touched on how they are going to help those whose livelihoods will be severely impacted by the impending changes.
“I am also wary of yet more agencies in Alberta. This government rightfully challenged the profusion of Agencies, Boards and Commissions under the PCs; I‘m hopeful they remember the pitfalls associated with creating new bureaucracies with vague mandates.