Several Alberta-based clean energy projects will be bolstered by millions in funding from the federal government, but the premier says the net-zero goals remain far-fetched.
“We’re going to stand firm we cannot do a net-zero power grid by 2035. We think we can by 2050. Some of our producers say it can be done by 2045, so there might be some room for negotiation and discussion there, but we have to have every one of our decisions based in reality.”Smith also took exception with the International Energy Agency’s oil production projections and described Wilkinson’s Sunday night comments at the congress, based on those projections, as going over like a “lead balloon.
“To come to a major energy conference, an international energy conference, with people from all different backgrounds, many of them facing energy poverty in their own countries, and talking to producers about the ludicrous IEA projections that were only going to have 25 million barrels of oil per day produced in 2050, it was a bit of a slap in the face,” Smith said.
“I don’t believe that those projections are accurate. I was pleased to see the head of Saudi Aramco said the same thing. The IEA has turned from being an entity that does predictions to being one that engages in political advocacy and I don’t think that’s very helpful to the discussion.”
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