1. Reading through the Kenney government's new economic strategy, it is fascinating how "environment" only appears in relation to a defence of oil and gas. The words "climate change" & "greenhouse gas" never appear, and "renewable" appears only once
https://www.alberta.ca/assets/documents/alberta-recovery-plan.pdf
2. The report still claims that all 'credible' forecasts assume O&G will dominate the energy system for decades & insofar as there is an energy transition strategy, it consists of boosting fossil gas & mining (for battery materials etc) with a nod to blue hydrogen.
3. This is a neat trick (if you think global investors are stupid): claim that any forecast that keeps warming below 2 degrees (and hence there is a rapid decline in fossil fuel consumption) is simply not credible
4. Kenney govt creating yet another agency (Invest Alberta) to "tell the truth" to institutional investors (who are quite capable of doing their own research) as if O&G has a communications rather than performance problem.
p.s. Does the War Room still get $90M over next 3 years?
5. My take-away: the more #ableg recovery strategy treats climate crisis as 'not a problem' or 'someone else's problem', the more they will be shunned by investors who are increasingly looking for credible zero-carbon transition strategies as the new 'good business environment'
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