Alberta
Alberta Premier tells environmental heckler a battery-powered electrical grid is pure ‘fantasy’
From LifeSiteNews
‘There is no industrialized economy in the world operating that way,’ Danielle Smith said at the 2023 Alberta Climate Summit
Alberta Premier Danielle Smith tore a page off a heckler’s fantasy suggestion of a solar and wind battery-powered future after she stepped into the lion’s den to advocate for oil and gas at a conference hosted by a pro-climate change think tank.
On October 26, Smith spoke at the Pembina Institute’s “2023 Alberta Climate Summit” in a “Fireside Chat, Premier Smith with Dave Kelly” to argue in favor of oil and gas and against proposals to phase out Alberta’s main energy industry.
While offering remarks in support of Alberta’s energy industry that includes fighting a federal government rule decreeing net-zero power emissions by 2035, Smith said trying to have the province go off natural gas for power generation by that year would be impossible after a heckler interrupted her.
Smith responded to the heckler by saying, “Do think I can get an equivalent amount of nuclear rolled out in 12 years? Do you think I could do that in an environment that we’ve never had nuclear before?”
“And what do I do when there’s no sun and there’s no wind?” she added.
At this point, the heckler shouted, “Batteries,” which irked Smith.
“Let’s talk about batteries, because I’ve talked to somebody and I want to I want to talk about batteries for a minute, because I know that everybody thinks that this economy is going to be operated on wind and solar and battery power and it cannot,” she said.
“There is no industrialized economy in the world operating that way because they need baseload. And I’ll tell you what I know about batteries because I talked to somebody who was thinking of investing in it on a 200-megawatt plant, $1 million to be able to get each megawatt stored. That’s $200 million for his plant alone. And he would get one hour of storage.”
Smith said that if one wants to have “12,000 megawatts of storage, that’s $12 billion for one hour of storage, $24 billion for two hours of storage, $36 billion for three hours of storage.”
The Pembina Institute lobbies for what it says is “reducing the harmful impacts of fossil fuels while supporting the transition to an energy system that is clean, safe and sustains a high quality of life.”
Companies such as Tesla offer both home as well as commercial battery pack applications that are designed to store electricity from wind, solar or the grid. However, such packs are massively costly and come with their own negative environmental footprints.
The institute’s goals align with those of the federal government under Prime Minister Justin Trudeau, who has imposed a punitive carbon tax on all Canadians.
‘Fantasy thinking’ won’t keep the lights on in winter, Smith says
Replying to the heckler, Smith stressed how in Alberta, which gets most of its power via natural gas and coal generators, with some solar and wind, there are “long stretches in winter where we can go weeks without wind or solar.”
“That is the reason why we need legitimate real solutions that rely on baseload power rather than fantasy thinking,” she said. “And I’m not going to engage in fantasy thinking and see something is possible when I know that my principal job, I think we need to stop.”
Smith said her “principal job is to have a reliable energy grid” and added that is what she is “trying to do.”
Former Liberal MP turned gas price analyst Dan McTeague, who is against the carbon tax and the push to ban gas-powered cars in favor of electric vehicles, said Smith’s remarks were “beautiful.”
“Beautiful,” McTeague wrote on X (formerly Twitter).
“Climate extremism performs poorly when confronted with reality.”
Trudeau’s carbon tax scheme falling apart
Cracks have begun to form recently. Faced with dismal polling numbers, Trudeau announced he was pausing the collection of the carbon tax on home heating oil in Atlantic Canadian provinces for three years.
This caused a immediate reaction from Saskatchewan Premier Scott Moe, who said his province will stop collecting a federal carbon tax on natural gas used to heat homes come January 1, 2024, unless it gets the similar tax break that Atlantic Canadian provinces.
The Trudeau government’s current environmental goals – in lockstep with the United Nations’ “2030 Agenda for Sustainable Development” – include phasing out coal-fired power plants, reducing fertilizer usage, and curbing natural gas use over the coming decades.
The reduction and eventual elimination of the use of so-called “fossil fuels” and a transition to unreliable “green” energy has also been pushed by the World Economic Forum (WEF) – the globalist group behind the socialist “Great Reset” agenda – an organization in which Trudeau and some of his cabinet are involved.
The Trudeau government has also defied a recent Supreme Court ruling and will push ahead with its net-zero emission regulations.
Canada’s Supreme Court recently ruled that the federal government’s “no more pipelines” legislation is mostly unconstitutional after a long legal battle with the province of Alberta, where the Conservative government opposes the radical climate change agenda.
Alberta has repeatedly promised to place the interests of their people above the Trudeau government’s “unconstitutional” demands while consistently reminding the federal government that their infrastructures and economies depend upon oil, gas, and coal.
Alberta
Premier Smith says Auto Insurance reforms mean lower premiums and better services for Alberta drivers
Premier Smith says Auto Insurance reforms may still result in a publicly owned system
Better, faster, more affordable auto insurance
Alberta’s government is introducing a new auto insurance system that will provide better and faster services to Albertans while reducing auto insurance premiums.
After hearing from more than 16,000 Albertans through an online survey about their priorities for auto insurance policies, Alberta’s government is introducing a new privately delivered, care-focused auto insurance system.
Right now, insurance in the province is not affordable or care focused. Despite high premiums, Albertans injured in collisions do not get the timely medical care and income support they need in a system that is complex to navigate. When fully implemented, Alberta’s new auto insurance system will deliver better and faster care for those involved in collisions, and Albertans will see cost savings up to $400 per year.
“Albertans have been clear they need an auto insurance system that provides better, faster care and is more affordable. When it’s implemented, our new privately delivered, care-centred insurance system will put the focus on Albertans’ recovery, providing more effective support and will deliver lower rates.”
“High auto insurance rates put strain on Albertans. By shifting to a system that offers improved benefits and support, we are providing better and faster care to Albertans, with lower costs.”
Albertans who suffer injuries due to a collision currently wait months for a simple claim to be resolved and can wait years for claims related to more serious and life-changing injuries to addressed. Additionally, the medical and financial benefits they receive often expire before they’re fully recovered.
Under the new system, Albertans who suffer catastrophic injuries will receive treatment and care for the rest of their lives. Those who sustain serious injuries will receive treatment until they are fully recovered. These changes mirror and build upon the Saskatchewan insurance model, where at-fault drivers can be sued for pain and suffering damages if they are convicted of a criminal offence, such as impaired driving or dangerous driving, or conviction of certain offenses under the Traffic Safety Act.
Work on this new auto insurance system will require legislation in the spring of 2025. In order to reconfigure auto insurance policies for 3.4 million Albertans, auto insurance companies need time to create and implement the new system. Alberta’s government expects the new system to be fully implemented by January 2027.
In the interim, starting in January 2025, the good driver rate cap will be adjusted to a 7.5% increase due to high legal costs, increasing vehicle damage repair costs and natural disaster costs. This protects good drivers from significant rate increases while ensuring that auto insurance providers remain financially viable in Alberta.
Albertans have been clear that they still want premiums to be based on risk. Bad drivers will continue to pay higher premiums than good drivers.
By providing significantly enhanced medical, rehabilitation and income support benefits, this system supports Albertans injured in collisions while reducing the impact of litigation costs on the amount that Albertans pay for their insurance.
“Keeping more money in Albertans’ pockets is one of the best ways to address the rising cost of living. This shift to a care-first automobile insurance system will do just that by helping lower premiums for people across the province.”
Quick facts
- Alberta’s government commissioned two auto insurance reports, which showed that legal fees and litigation costs tied to the province’s current system significantly increase premiums.
- A 2023 report by MNP shows
Alberta
Alberta fiscal update: second quarter is outstanding, challenges ahead
Alberta maintains a balanced budget while ensuring pressures from population growth are being addressed.
Alberta faces rising risks, including ongoing resource volatility, geopolitical instability and rising pressures at home. With more than 450,000 people moving to Alberta in the last three years, the province has allocated hundreds of millions of dollars to address these pressures and ensure Albertans continue to be supported. Alberta’s government is determined to make every dollar go further with targeted and responsible spending on the priorities of Albertans.
The province is forecasting a $4.6 billion surplus at the end of 2024-25, up from the $2.9 billion first quarter forecast and $355 million from budget, due mainly to higher revenue from personal income taxes and non-renewable resources.
Given the current significant uncertainty in global geopolitics and energy markets, Alberta’s government must continue to make prudent choices to meet its responsibilities, including ongoing bargaining for thousands of public sector workers, fast-tracking school construction, cutting personal income taxes and ensuring Alberta’s surging population has access to high-quality health care, education and other public services.
“These are challenging times, but I believe Alberta is up to the challenge. By being intentional with every dollar, we can boost our prosperity and quality of life now and in the future.”
Midway through 2024-25, the province has stepped up to boost support to Albertans this fiscal year through key investments, including:
- $716 million to Health for physician compensation incentives and to help Alberta Health Services provide services to a growing and aging population.
- $125 million to address enrollment growth pressures in Alberta schools.
- $847 million for disaster and emergency assistance, including:
- $647 million to fight the Jasper wildfires
- $163 million for the Wildfire Disaster Recovery Program
- $5 million to support the municipality of Jasper (half to help with tourism recovery)
- $12 million to match donations to the Canadian Red Cross
- $20 million for emergency evacuation payments to evacuees in communities impacted by wildfires
- $240 million more for Seniors, Community and Social Services to support social support programs.
Looking forward, the province has adjusted its forecast for the price of oil to US$74 per barrel of West Texas Intermediate. It expects to earn more for its crude oil, with a narrowing of the light-heavy differential around US$14 per barrel, higher demand for heavier crude grades and a growing export capacity through the Trans Mountain pipeline. Despite these changes, Alberta still risks running a deficit in the coming fiscal year should oil prices continue to drop below $70 per barrel.
After a 4.4 per cent surge in the 2024 census year, Alberta’s population growth is expected to slow to 2.5 per cent in 2025, lower than the first quarter forecast of 3.2 per cent growth because of reduced immigration and non-permanent residents targets by the federal government.
Revenue
Revenue for 2024-25 is forecast at $77.9 billion, an increase of $4.4 billion from Budget 2024, including:
- $16.6 billion forecast from personal income taxes, up from $15.6 billion at budget.
- $20.3 billion forecast from non-renewable resource revenue, up from $17.3 billion at budget.
Expense
Expense for 2024-25 is forecast at $73.3 billion, an increase of $143 million from Budget 2024.
Surplus cash
After calculations and adjustments, $2.9 billion in surplus cash is forecast.
- $1.4 billion or half will pay debt coming due.
- The other half, or $1.4 billion, will be put into the Alberta Fund, which can be spent on further debt repayment, deposited into the Alberta Heritage Savings Trust Fund and/or spent on one-time initiatives.
Contingency
Of the $2 billion contingency included in Budget 2024, a preliminary allocation of $1.7 billion is forecast.
Alberta Heritage Savings Trust Fund
The Alberta Heritage Savings Trust Fund grew in the second quarter to a market value of $24.3 billion as of Sept. 30, 2024, up from $23.4 billion at the end of the first quarter.
- The fund earned a 3.7 per cent return from July to September with a net investment income of $616 million, up from the 2.1 per cent return during the first quarter.
Debt
Taxpayer-supported debt is forecast at $84 billion as of March 31, 2025, $3.8 billion less than estimated in the budget because the higher surplus has lowered borrowing requirements.
- Debt servicing costs are forecast at $3.2 billion, down $216 million from budget.
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