Connect with us
[the_ad id="89560"]

Alberta

Alberta Environment Minister Schulz preparing for impending drought

Published

4 minute read

Taking action on drought in Alberta

“Alberta has five stages in its water management plan. Ranging from Stage 1, which is a minor drought to Stage 5, which is a province-wide emergency. We are currently in Stage 4.”

Water is one of Alberta’s most precious resources. We all use it, consume it, and rely on it.

Most of the water that Albertans use to drink, grow crops, run our businesses and sustain our environment comes from rain and melting snow. The last three years have brought droughts and water shortages in various parts of our province, including most of Southern Alberta this summer.

The world is also experiencing El Niño, a global phenomenon occurring for the first time in seven years. It’s causing less snow and rain, along with higher temperatures, around the world this winter. Recent forecasts indicate that there is a 62 percent chance that the unusually warm and dry conditions that we have experienced could continue until June 2024.

Alberta has five stages in its water management plan. Ranging from Stage 1, which is a minor drought to Stage 5, which is a province-wide emergency. We are currently in Stage 4.

Our government is now preparing for the possibility of a serious drought next year. The good news is
that Alberta is up to the challenge. This province has navigated droughts before and has a long, proud
history of coming together during tough times.

Officials in the department of Environment and Protected Areas have stood up a Drought Command Team and work is underway to finalize a Drought Emergency Plan.

Meetings have been held with communities, farmers, businesses and others to prepare. Many have
already taken action to implement conservation measures and adapt to reduced water levels. Our
government has announced up to $165 million in federal-provincial drought relief for livestock
producers. And, this summer and fall, Calgary, Medicine Hat and other communities adopted voluntary and mandatory restrictions on water use to help Alberta’s stressed river basins.

I commend the collective actions taken so far by so many people throughout Alberta.

Over the coming months, we will be carefully monitoring snowpack, rainfall, river levels and actual water use to develop our early warning capacity. We will use this information and scientific modelling to assess the risk of drought next year. We have launched alberta.ca/drought to keep all Albertans updated as we take these steps.

Together with our partners, we are doing everything we can to be fully prepared for whatever next year brings. An advisory panel of experts to help provide advice will be formed in the months ahead. And we are preparing for the future, looking at what long-term infrastructure is needed to help manage water supplies for future generations.

We cannot make it rain or snow, but all of us have a role to play. Conserving water can help your
community, as well as Albertans downstream from you. In the coming months, we will all have to pull
together to secure our province’s water supply. It is a challenge that I am confident Albertans will meet.

Rebecca Schulz, Minister of Environment and Protected Areas

Alberta

Energy sector will fuel Alberta economy and Canada’s exports for many years to come

Published on

From the Fraser Institute

By Jock Finlayson

By any measure, Alberta is an energy powerhouse—within Canada, but also on a global scale. In 2023, it produced 85 per cent of Canada’s oil and three-fifths of the country’s natural gas. Most of Canada’s oil reserves are in Alberta, along with a majority of natural gas reserves. Alberta is the beating heart of the Canadian energy economy. And energy, in turn, accounts for one-quarter of Canada’s international exports.

Consider some key facts about the province’s energy landscape, as noted in the Alberta Energy Regulator’s (AER) 2023 annual report. Oil and natural gas production continued to rise (on a volume basis) in 2023, on the heels of steady increases over the preceding half decade. However, the dollar value of Alberta’s oil and gas production fell in 2023, as the surging prices recorded in 2022 following Russia’s invasion of Ukraine retreated. Capital spending in the province’s energy sector reached $30 billion in 2023, making it the leading driver of private-sector investment. And completion of the Trans Mountain pipeline expansion project has opened new offshore export avenues for Canada’s oil industry and should boost Alberta’s energy production and exports going forward.

In a world striving to address climate change, Alberta’s hydrocarbon-heavy energy sector faces challenges. At some point, the world may start to consume less oil and, later, less natural gas (in absolute terms). But such “peak” consumption hasn’t arrived yet, nor does it appear imminent. While the demand for certain refined petroleum products is trending down in some advanced economies, particularly in Europe, we should take a broader global perspective when assessing energy demand and supply trends.

Looking at the worldwide picture, Goldman Sachs’ 2024 global energy forecast predicts that “oil usage will increase through 2034” thanks to strong demand in emerging markets and growing production of petrochemicals that depend on oil as the principal feedstock. Global demand for natural gas (including LNG) will also continue to increase, particularly since natural gas is the least carbon-intensive fossil fuel and more of it is being traded in the form of liquefied natural gas (LNG).

Against this backdrop, there are reasons to be optimistic about the prospects for Alberta’s energy sector, particularly if the federal government dials back some of the economically destructive energy and climate policies adopted by the last government. According to the AER’s “base case” forecast, overall energy output will expand over the next 10 years. Oilsands output is projected to grow modestly; natural gas production will also rise, in part due to greater demand for Alberta’s upstream gas from LNG operators in British Columbia.

The AER’s forecast also points to a positive trajectory for capital spending across the province’s energy sector. The agency sees annual investment rising from almost $30 billion to $40 billion by 2033. Most of this takes place in the oil and gas industry, but “emerging” energy resources and projects aimed at climate mitigation are expected to represent a bigger slice of energy-related capital spending going forward.

Like many other oil and gas producing jurisdictions, Alberta must navigate the bumpy journey to a lower-carbon future. But the world is set to remain dependent on fossil fuels for decades to come. This suggests the energy sector will continue to underpin not only the Alberta economy but also Canada’s export portfolio for the foreseeable future.

Jock Finlayson

Senior Fellow, Fraser Institute
Continue Reading

Alberta

The beauty of economic corridors: Inside Alberta’s work to link products with new markets

Published on

From the Canadian Energy Centre

Q&A with Devin Dreeshen, Minister of Transport and Economic Corridors

Devin Dreeshen, Alberta’s Minister of Transportation
and Economic Corridors.

CEC: How have recent developments impacted Alberta’s ability to expand trade routes and access new markets for energy and natural resources?

Dreeshen: With the U.S. trade dispute going on right now, it’s great to see that other provinces and the federal government are taking an interest in our east, west and northern trade routes, something that we in Alberta have been advocating for a long time.

We signed agreements with Saskatchewan and Manitoba to have an economic corridor to stretch across the prairies, as well as a recent agreement with the Northwest Territories to go north. With the leadership of Premier Danielle Smith, she’s been working on a BC, prairie and three northern territories economic corridor agreement with pretty much the entire western and northern block of Canada.

There has been a tremendous amount of work trying to get Alberta products to market and to make sure we can build big projects in Canada again.

CEC: Which infrastructure projects, whether pipeline, rail or port expansions, do you see as the most viable for improving Alberta’s global market access?

Dreeshen: We look at everything. Obviously, pipelines are the safest way to transport oil and gas, but also rail is part of the mix of getting over four million barrels per day to markets around the world.

The beauty of economic corridors is that it’s a swath of land that can have any type of utility in it, whether it be a roadway, railway, pipeline or a utility line. When you have all the environmental permits that are approved in a timely manner, and you have that designated swath of land, it politically de-risks any type of project.

CEC: A key focus of your ministry has been expanding trade corridors, including an agreement with Saskatchewan and Manitoba to explore access to Hudson’s Bay. Is there any interest from industry in developing this corridor further?

Dreeshen: There’s been lots of talk [about] Hudson Bay, a trade corridor with rail and port access. We’ve seen some improvements to go to Churchill, but also an interest in the Nelson River.

We’re starting to see more confidence in the private sector and industry wanting to build these projects. It’s great that governments can get together and work on a common goal to build things here in Canada.

CEC: What is your vision for Alberta’s future as a leader in global trade, and how do economic corridors fit into that strategy?

Dreeshen: Premier Smith has talked about C-69 being repealed by the federal government [and] the reversal of the West Coast tanker ban, which targets Alberta energy going west out of the Pacific.

There’s a lot of work that needs to be done on the federal side. Alberta has been doing a lot of the heavy lifting when it comes to economic corridors.

We’ve asked the federal government if they could develop an economic corridor agency. We want to make sure that the federal government can come to the table, work with provinces [and] work with First Nations across this country to make sure that we can see these projects being built again here in Canada.

Continue Reading

Trending

X