Climate change is a complex issue and it will take some time to see the full benefits of decisions being made and actions being taken today. That said, just 18 months after Alberta started to tackle the issue, we are seeing tangible results.
Using revenues from carbon pricing, the government is keeping Alberta’s tax rate among the lowest in the country, investing in renewable energy and energy efficiency, and helping farmers, municipalities and Indigenous communities transition to a lower carbon future. These are just a few examples of investments being made to improve Alberta’s reputation as a leader in responsible resource development, inspire investor confidence, and position Alberta as a great place to do business.
By now you have probably heard about the two federal pipeline approvals the Prime Minister attributed directly to Alberta’s climate initiatives. Kinder Morgan’s Trans Mountain and Enbridge Line 3 pipelines will get our energy resources to new markets, boosting and diversifying the province’s economy and creating good jobs for Albertans. What you may not have heard is that a recent report commissioned by Calgary Economic Development also points to the province’s leadership as being a contributing factor to Calgary’s growing potential as a green energy hub.
Climate policies and financing are positioning the province as a prime place to invest in renewable energy, green infrastructure, and innovation and technology. The Alberta government recognizes the importance of supporting these sectors as they grow and is investing accordingly. We are working toward a bright future, a strong and diverse economy, and a better life for all Albertans.