• Sign up for the Daily Digest E-mail
  • X
  • LinkedIn
  • See more results

    Generic selectors
    Exact matches only
    Search in title
    Search in content
    Post Type Selectors

BOE Report

Sign up

See more results

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
  • Home
  • StackDX Intel
  • Headlines
    • Latest Headlines
    • Featured Companies
    • Columns
    • Discussions
  • Well Activity
    • Well Licences
    • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts/Data
    • CAOEC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
    • Data
      • Canada Oil Market Data
      • Canada NG Market Data
      • USA Market Data
      • Data Downloads
  • Jobs

Notley stresses importance of environment in speech to Montreal business group

September 28, 201511:18 AM The Canadian Press0 Comments

MONTREAL – A federal cap-and-trade system to reduce greenhouse gas emissions may not be suitable for Alberta, the province’s NDP premier said Monday, one day after her federal counterpart proposed such a plan on the campaign trail.

Rachel Notley, on the first leg of a business trip to Montreal, New York City and Toronto, told executives and politicians that a national cap-and-trade system “may not be our best road forward.”

She added that Alberta — whose economy is heavily dependent on the greenhouse gas-intensive oilsands — must get its act together to reduce emissions or risk having a “solution imposed on us” by the federal government and international resource markets.

On Sunday, NDP Leader Tom Mulcair proposed a national carbon trading system to combat man-made greenhouse gas emissions, which are considered by an overwhelming number of international scientists as the leading cause of climate change.

He said provinces would be allowed to opt out of a national scheme if their efforts are as good as or better, but didn’t provide details.

“We’re not going to replace something that’s working,” Mulcair said.

Notley said her province “may address climate change using different tools than Ontario and Quebec will use,” referring to a deal between those provinces to work together to cut emissions with a cap-and-trade system.

While Notley didn’t provide specific targets or details about her strategy, she said Alberta will move away from coal-fired plants — which she said account for 55 per cent of the province’s electricity supply — and look into renewable energy, energy efficiency and some form of carbon pricing.

“We will be looking for a strategy to phase out the use of coal as quickly as we reasonably can,” she said, adding she will “phase in change prudently, as our economy recovers,” in recognition of the fact Alberta is likely to run at least a $5-billion deficit this year because of a drastic drop in oil prices.

But Notley said she recognizes her province needs to change the way it is perceived nationally and internationally regarding the fight against climate change — and soon.

“If we don’t get it right on this issue, a solution is going to be imposed on us — sooner or later — by others. By the federal government, and by our markets, who will increasingly insist that energy products then buy be mined and processed responsibly.”

Alberta’s opposition party, Wildrose, decried the fact Notley didn’t specifically mention major resource projects involving the oilsands, such as TransCanada’s Energy East pipeline, which the company wants to build to move crude from Alberta through Ontario and Quebec to be shipped overseas.

“Working to promote Alberta is critical, and today would have been a great time to talk about the importance of Energy East to our economy here at home, and across Canada,” Wildrose Leader Brian Jean said in a statement.

Energy East is a politically sensitive issue across Canada, particularly in Quebec, where opposition to the project is strong.

Notley took no questions after her speech.

Carbon Tax TransCanada

Follow BOE Report
  • Facebook
  • X
  • LinkedIn

Sign up for the BOE Report Daily Digest E-mail

Successfully subscribed

Latest Headlines
  • Tanker struck by projectile off Oman, UKMTO says
  • Full stoppage of CPC not under consideration, Kazakh energy ministry says
  • Exxon, Chevron warn of continued high fuel prices from Iran war
  • ROK Resources Announces the Closing of its Non-Core Southeast Saskatchewan Asset Disposition
  • Chevron records highest quarterly profit in six years, beating analyst estimates

Return to Home
Alberta GasMonthly Avg.
CAD/GJ
Market Data by TradingView

    Report Error







    Note: The page you are currently on will be sent with your report. If this report is about a different page, please specify.

    About
    • About BOEReport.com
    • In the News
    • Terms of Use
    • Privacy Policy
    • Editorial Policy
    Resources
    • Widgets
    • Notifications
    • Daily Digest E-mail
    Get In Touch
    • Advertise
    • Post a Job
    • Contact
    • Report Error
    StackDX
    • BOE Report Jobs
    • StackDX Intel
    © 2026 Stack Technologies Ltd.