The Alberta Court of Appeal has rejected Altius Royalty Corp.'s claim for $190 million in compensation over government policies to end coal power generation. Altius argued that the regulations and agreements leading to the phase-out resulted in lower health-care and environmental costs, which should entitle them to compensation. However, the court ruled that these benefits belong to the public, not the state.
EDMONTON — Alberta 's top court is dismissing a coal company 's request for compensation over government policies to phase out coal power .
Altius, which owns the Genesee coal mine that feeds the Genesee power plant, lost in Court of King's Bench but took its case to the Alberta Court of Appeal. Because that benefit can be assigned a dollar figure, Altius argued that qualifies it to compensated."Canada’s prediction of the health and environmental benefits resulting from the reduction of greenhouse gas emissions describes benefits to the public, not … an 'advantage' flowing to the state," they wrote.The court found that allowing Altius' appeal would kneecap the government's ability to regulate.
Alberta Court Coal Company Compensation Coal Power Phase Out Regulations Health Concerns Environmental Costs
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