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THE TYEE: Renewable Energy Pause Could Cost $33 Billion in Investment, Says Pembina Institute


Report says 118 projects affected and 24,000 jobs at risk.

 

An estimated 24,000 full-time jobs and $33 billion in investments are at risk because of the Alberta government’s seven-month moratorium on renewable energy development, the Pembina Institute said this morning. 

 

Courtney Smith, spokesperson for the Calgary-based clean energy think tank, said Pembina researchers reviewed the Alberta Electric System Operator’s list of electricity generation projects in development in relation to their approval status from the Alberta Utility Commission to determine how many projects are impacted by Danielle Smith government’s freeze on renewable energy development.

 

“Public data shows that 118 projects are currently in development and are either waiting for permitting approval or could submit an approval application within the next few months,” the fact sheet by Jason Wang and Will Noel released this morning said. “These projects represent at least $33 billion of investment and more than 24,000 job-years,” it continued ...

 

CLICK HERE for the full story

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