With Ottawa, or without it..Alberta is well on its way to becoming a world leader in technologies such as carbon capture and storage (CCS) whether the Liberal government likes it or not..That was the message from Alberta Premier Danielle Smith to an audience of oil executives in Edmonton on Tuesday as she outlined plans to increase oil production — not reduce it — while working toward carbon neutrality in the energy sector..“We don't need what Ottawa has called the ‘Just Transition’ in Alberta because we do not intend to transition away from oil and gas,” she said. “This is not about transitioning away from oil and gas. It's about transitioning away from emissions and we can and will produce more, but we will also emit less.” .She vowed Alberta would leverage its existing expertise to benefit not just Canada, but the world. Smith said Alberta is in a global race to develop “game changing technology” along with other countries such as the US and the EU..“Alberta is in a race to develop these game changing technologies. We're competing, as we've heard with the likes of Texas and Colorado and Norway, and we will win that race. So long as we're not hobbled by poor policy decisions coming from the federal government.”.Far from being a sunset industry, Smith said Alberta’s decades of oil and gas experience has “primed us for success” in the so-called ‘clean tech’ industry..“They'll spring from here because of our geology, because of our energy industry know how, because of our commitment to carrying out energy exploration and development better than anyone else. This is the story of Alberta's past, present and future.” .More than 100 new projects are in the works worldwide and the carbon capture utilization and storage industry could be worth $55 billion per year by 2030..Smith said Alberta aims to lead from the front, not the rear..She laid out a vision of integrated hubs, merging traditional industries such as oil and gas and converting it into hydrogen, LNG and even electricity..“This is a field which is sometimes misjudged, disparaged and dismissed out of hand, like so many emerging technologies. But critics are behind the times.”.”Alberta is busy proving that CCUS works at scale, with the potential to become a powerful tool for building carbon neutral economies..And let me tell you, we are only going to strengthen the case for carbon capture utilization and storage in the years ahead,” she said..Despite her well-publicized battles with the likes of federal Environment Minister Steven Guilbeault, Smith said she’s hopeful there is still room for agreement..To that end she’s set up a steering committee with energy and environment ministers Brian Jean and Rebecca Schulz to develop Alberta’s own carbon credit incentive plans in a multi-departmental effort..Ottawa can either get on board or get out of the way..”There's a global energy transition underway and Alberta is going to lead it. We would love to do all of this with Ottawa’s help — but we intend to do it either way, with or without their help.”
With Ottawa, or without it..Alberta is well on its way to becoming a world leader in technologies such as carbon capture and storage (CCS) whether the Liberal government likes it or not..That was the message from Alberta Premier Danielle Smith to an audience of oil executives in Edmonton on Tuesday as she outlined plans to increase oil production — not reduce it — while working toward carbon neutrality in the energy sector..“We don't need what Ottawa has called the ‘Just Transition’ in Alberta because we do not intend to transition away from oil and gas,” she said. “This is not about transitioning away from oil and gas. It's about transitioning away from emissions and we can and will produce more, but we will also emit less.” .She vowed Alberta would leverage its existing expertise to benefit not just Canada, but the world. Smith said Alberta is in a global race to develop “game changing technology” along with other countries such as the US and the EU..“Alberta is in a race to develop these game changing technologies. We're competing, as we've heard with the likes of Texas and Colorado and Norway, and we will win that race. So long as we're not hobbled by poor policy decisions coming from the federal government.”.Far from being a sunset industry, Smith said Alberta’s decades of oil and gas experience has “primed us for success” in the so-called ‘clean tech’ industry..“They'll spring from here because of our geology, because of our energy industry know how, because of our commitment to carrying out energy exploration and development better than anyone else. This is the story of Alberta's past, present and future.” .More than 100 new projects are in the works worldwide and the carbon capture utilization and storage industry could be worth $55 billion per year by 2030..Smith said Alberta aims to lead from the front, not the rear..She laid out a vision of integrated hubs, merging traditional industries such as oil and gas and converting it into hydrogen, LNG and even electricity..“This is a field which is sometimes misjudged, disparaged and dismissed out of hand, like so many emerging technologies. But critics are behind the times.”.”Alberta is busy proving that CCUS works at scale, with the potential to become a powerful tool for building carbon neutral economies..And let me tell you, we are only going to strengthen the case for carbon capture utilization and storage in the years ahead,” she said..Despite her well-publicized battles with the likes of federal Environment Minister Steven Guilbeault, Smith said she’s hopeful there is still room for agreement..To that end she’s set up a steering committee with energy and environment ministers Brian Jean and Rebecca Schulz to develop Alberta’s own carbon credit incentive plans in a multi-departmental effort..Ottawa can either get on board or get out of the way..”There's a global energy transition underway and Alberta is going to lead it. We would love to do all of this with Ottawa’s help — but we intend to do it either way, with or without their help.”
