It was Throne Speech day in Alberta, and sure enough, it contained an ambitious laundry list of upcoming legislation designed to undo much of what the NDP had put into place as a means of “restoring” the mythical Alberta Advantage. (Full speech here). Shortly thereafter, the promised Bill 1 to repeal the province’s carbon levy was introduced – pretty much guaranteeing that the federal carbon price will be imposed once the bill is enacted. It doesn’t repeal all of the carbon prices in the province, however – it merely shifts them to the largest polluters, which does nothing about the demand side of carbon consumption, and won’t shift consumer behaviours, nor will it do enough for those large emitters, because for all of Kenney’s talk about looking to protect the energy sector, he just shifted the bulk of the burden onto them. (It also won’t really help consumers because poorer households will be worse off now).
Meanwhile, here’s Andrew Leach to explain why Kenney’s repeal of the carbon price is handing a rhetorical victory to Ontario, and why the reliance on magical technology from the future to reduce emissions won’t happen if there aren’t proper price signals to spur its development.
Today, Alberta's government will introduce a bill which significantly reduces the stringency of our actions on climate change, reduces the value of GHG-reducing innovations and places the burden of meeting our GHG reduction goals solely on our largest emitters. #cdnpoli #ableg pic.twitter.com/EuD5AkB9nE
— Andrew Leach (@andrew_leach) May 22, 2019
The Alberta that I've known for more than a decade would have stood up to an Ontario Premier who said the problem was (AB) polluters not commuters, and who looked at this graph and said, "I see where the problem is." Today, @jkenney will agree with a Premier saying that. #ableg pic.twitter.com/5rbVr3LMi2
— Andrew Leach (@andrew_leach) May 22, 2019
Do you know why those commitments weren't met? It wasn't because tech didn't materialize – it's because those commitments were projections of what would happen under a stringent set of policies – policies which were never implemented. Technology deployment doesn't just happen.
— Andrew Leach (@andrew_leach) May 22, 2019
Over the next few days, you'll hear about how technology will solve the problem from those introducing legislation which reduces by 1/3 the value of emissions-reducing innovation in large industrial sectors and destroys any value it would have had outside those sectors. #ableg
— Andrew Leach (@andrew_leach) May 22, 2019
I really hope that the most ambitious views on oil sands tech are valid, and not just because the Premier's about to make a big bet on that. Enjoy the throne speech, Alberta. Then get ready to have your resource industry back as the climate change focal point. #ableg #cdnpoli
— Andrew Leach (@andrew_leach) May 22, 2019
Will "cancelling the CTax" offer $1.4 billion in tax relief to Albertans? No.
The CTax does raise $1.38B in 2019/20, but $530m of refundable tax credits are cancelled. So, the net effect is less than the headline number.
— Trevor Tombe (@trevortombe) May 22, 2019