“Multiple analyses of near-final versions of REM, including those commissioned by the AESO, consistently show the changes increase electricity prices by at least 8 per cent and as high as 30 per cent.” Remember that electricity prices already shot up 128% between 2020 and 2023. #AbLeg
Every fucking thing this government does is to benefit fossil fuel producers. They're actively sabotaging renewables and affordability at the altar of ATCO, CNRL, TransAlta, and Cenovus shareholder dividends.
"the REM could push existing renewable energy projects immediately “into the red, resulting in the cancellation of contracts and projects shutting down early,” he said. The market redesign could also results in there being “very little investment” in new renewable energy projects."
The idea of energy being plentiful and very cheap terrifies the gas and oil billionaires. They can't permit that. They own Conservatives just as big business owns Trump. Demand support for increasing solar and wind potential.
They can't permit anything that might loosen the death grip the industry has on Albertans' cash.