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Alberta

Alberta has an opportunity like never before

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4 minute read

As the world’s energy debate continues to grow, with climate change and the economy both sources of large concern to many, there is often a divide both politically and regionally and Canada is no different.

Places like Alberta, with an economy that has been largely centered around the oil and gas sector for decades, is a Canadian province quite often at odds with the Canadian government for its desire to put in place renewable energy policies like carbon taxes and hold off on pipelines.

There are abundant sources of renewable energy in Alberta that could provide jobs and a pathway out of its current situation. Despite being intermittent, Alberta’s wind and solar potential is very apparent. However, to scale it to the level necessary to stop burning massive amounts of coal and natural gas, we will need large battery backups to store power in order to combat the intermittency issues of wind and solar. 

These investments can be made, and I would argue the more the province opens up space on the grid, the more foreign investment we will see. 

But this is also a tough pill to swallow when you have companies built from the ground up for decades, employing hundreds of thousands of people who have been educated and trained in what they do. Alberta as a province enjoyed strong growth for decades, providing hundreds of billions of dollars to the Federal Government to help balance the books and provide health care for millions of Canadians. 

Geothermal is famously used in Iceland and in California at the world’s largest facility, the Geysers Geothermal Complex, which has a 1517 MW capacity. Geothermal energy has limitations for growth due to requiring locations to tap into volcanic aquifers, which it had not been able to overcome until now. Eavor Technologies Inc. uses a completely different method for their production.  They use a closed loop system and do not rely on traditional wells or pumps. They are able to drill two vertical wells, connect them together underground and essentially create a conductive radiator with many parallel lines to cover a large amount of ground without the volcanic aquifers. Their unique IP uses an environmentally safe fluid that circulates using the thermosyphon effect.  As the hot fluid rises through the outlet well, the change in pressure forces the cool fluid to drop through the inlet well, creating continuous circulation without the need for a parasitic pump. The Eavor-Loop completely isolates the fluid from the surrounding environment and produces zero GHG emissions, making the entire process carbon neutral. For extra appeal, this can all be done by the same Alberta drilling rig operators that do not get to work as much as they once did, putting oil and gas companies back to work.

This means Alberta, famous for its oil industry, has the potential to become famous for an entirely renewable grid with a mix of Eavor-Loops, solar, wind and battery storage. It also gives us the ability to grow an Alberta made technology in Eavor loop for export. This unique opportunity for economic diversification and expansion aligns simultaneously with both environmental and economic concerns, presenting a balanced approach to the climate question without compromising on existing Alberta jobs and infrastructure

Brian Scott
Clean Energy Advocate

 

For more stories, visit Todayville Calgary.

Alberta

Former senior financial advisor charged with embezzling millions from Red Deer area residents

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News release from Alberta RCMP

Former senior financial advisor charged for misappropriating nearly $5 million from clients

On April 4, 2024, the RCMP’s Provincial Financial Crime Team charged a Calgary resident for fraud-related offences after embezzling millions of dollars from his clients while serving as a senior financial advisor.

Following a thorough investigation, the accused is alleged to have fraudulently withdrawn funds from client accounts and deposited them into bank accounts he personally controlled. A total of sixteen victims were identified in the Red Deer area and suffered a combined loss of nearly $5 million.

Marc St. Pierre, 52, a resident of Calgary, was arrested and charged with:

  • Fraud over $5,000 contrary to section 380(1)(a) of the Criminal Code; and,
  • Theft over $5,000 contrary to section 344(a) of the Criminal Code.

St. Pierre is scheduled to appear in Red Deer Provincial Court on May 14, 2024.

“The ability for financial advisors to leverage their position to conduct frauds and investment scams represents a significant risk to the integrity of Alberta’s financial institutions. The investigation serves as an important reminder for all banking clients to regularly check their accounts for any suspicious activity and to report it to their bank’s fraud prevention team.”

  • Sgt. John Lamming, Provincial Financial Crime Team

The Provincial Financial Crime Team is a specialized unit that conducts investigations relating to multi-jurisdictional serious fraud, investments scams and corruption.

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Alberta

Political parties will be part of municipal elections in Edmonton and Calgary pilot projects

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Alberta’s government is introducing legislation to ensure Albertans can rely on transparent, free and fair elections, and municipally-elected officials have clearer accountability measures.

In a democratic society, Albertans expect their local elections to be free and fair, and their elected officials to be held to account by clear rules that govern their local councils. The Municipal Affairs Statutes Amendment Act proposes amendments to the Local Authorities Election Act (LAEA) and the Municipal Government Act (MGA) to add greater transparency to local election processes and ensure local councils and elected officials continue to remain accountable to the citizens who elected them.

“Our government is committed to strengthening Albertans’ trust in their local governments and the democratic process that elects local leaders. The changes we are making increase transparency for Alberta voters and provide surety their votes will be counted accurately. We know how important local democracy is to Albertans, and we will work with local authorities to protect and enhance the integrity of local elections.”

Ric McIver, Minister of Municipal Affairs

Local Authorities Election Act

Albertans expect free and fair elections and that’s why it’s important we strengthen the rules that govern local elections. To strengthen public trust in local elections, Alberta’s government will eliminate the use of electronic tabulators and other automated voting machines. All Albertans should be able to trust the methods and results of local elections; requiring all ballots to be counted by hand, clarifying rules and streamlining processes for scrutineers will provide voters greater assurance in the integrity of the results.

All eligible Albertans should be able to vote in local elections without impediment. Alberta’s government will limit the barriers for eligible voters to cast a ballot by expanding the use of special ballots. Currently, special ballots can only be requested for very specific reasons, including physical disability, absence from the municipality, or for municipal election workers. By expanding the use of special ballots, the government is encouraging more voter participation.

Amendments in the Municipal Affairs Statutes Amendment Act would increase transparency in local elections by enabling political parties at the local level. Political parties would be enabled in a pilot project for Edmonton and Calgary. The act will not require candidates to join a political party in order to run for a local or municipal office, but will create the opportunity to do so.

In addition, proposed changes to the Local Authorities Election Act would allow municipalities the option to require criminal record checks for local candidates, thus increasing transparency and trust in candidates who may go on to become elected officials.

Municipal Government Act

The role of an elected official is one with tremendous responsibility and expectations. Changes proposed to the Municipal Government Act (MGA) will strengthen the accountability of locally elected officials and councils. These include requiring mandatory orientation training for councillors, allowing elected officials to recuse themselves for real or perceived conflicts of interest without third-party review and requiring a councillor’s seat to become vacant upon disqualification.

If passed, the Municipal Affairs Statutes Amendment Act will also unlock new tools to build affordable and attainable housing across Alberta. Proposed amendments under the MGA would also create more options for municipalities to accelerate housing developments in their communities. Options include:

  • Exempting non-profit, subsidized affordable housing from both municipal and education property taxes;
  • Requiring municipalities to offer digital participation for public hearings about planning and development, and restricting municipalities from holding extra public hearings that are not already required by legislation; and
  • Enabling municipalities to offer multi-year residential property tax exemptions.

Municipal Affairs will engage municipalities and other partners over the coming months to hear perspectives and gather feedback to help develop regulations.

Quick facts

  • The LAEA establishes the framework for the conduct of elections in Alberta municipalities, school divisions, irrigation districts and Metis Settlements.
  • The MGA establishes the rules governing the conduct of local elected officials once on council, as well as the overall administration and operation of municipal authorities in Alberta, including any policy those authorities may wish to implement.

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