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ARTICLE · 12 JANUARY 2016

Looking Ahead At Energy Industry Trends Across Several Provinces

McCarthy Tétrault
McCarthy Tétrault
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As we begin this new year, we note that several provinces have recently announced and updated their energy plans, which signal important trends in the energy industry.

CanadaEnergy and Natural Resources

As we begin this new year, we note that several provinces have recently announced and updated their energy plans, which signal important trends in the energy industry. Below are some of the highlights from such provinces.

Alberta:

On November 22, 2015, the newly elected provincial government in Alberta announced the details of its Climate Leadership Plan. This plan focuses on phasing out all pollution created by burning coal and transition to more renewable energy and natural gas generation by 2030. By such time, it is proposed that, or it will be required that, renewable sources will power two-thirds of the replacement electricity (and comprise up to 30 percent of Alberta's total electricity production), with natural gas making up the difference. This plan also includes a carbon pricing scheme and overall oil sands emission limit, as well as a methane reduction strategy. Further details of the plan and a video of the announcement can be found below:

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