Alberta Energy Policy

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If Albertans Bank on Renewable Energy They'll Get Robbed

Alberta Premier Jim Prentice's energy policy comments are troubling. According to newspaper reports, Mr. Prentice has embraced the idea of replacing Alberta's coal-fired electrical generation, not with natural gas, but with renewable energy -- wind and solar power. But experience suggests that the bank accounts of Albertans will take a big hit should the plan move ahead.