A statement from Premier Danielle Smith describes a recent meeting as a positive sign that the two levels of government can work together
legislation, there are two far more significant policies in Alberta’s crosshairs: the proposed oil and natural gas production emissions cap, and 2035 net-zero power grid regulations – the latter of which could take shape in draft regulations as early as this summer.
In an interview, Mr. Wilkinson said Ms. Smith was forceful in raising her province’s concerns but “was open to the conversation about how we can actually close the distance between us. “We’re still several months, at a minimum, from being in a position to actually outline any kind of an architecture for the cap,” Mr. Wilkinson said. “We still have a lot of work to do.”
“We need to ensure there’s a continuing role for natural gas,” Mr. Wilkinson said. “At some point it will need to have carbon capture, for sure. But that there’s going to be some flexibility in terms of how that gets done. Of key disagreement amongst policy-makers is how much global demand for oil and natural gas will soften, and whether Canada can be one of the world’s last producers.
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