Alberta's Environmental and Fiscal Decline Under Danielle Smith's Leadership
By
Roxy Jones
Summary
This article criticizes Alberta's shift from being Canada's renewable energy leader to its worst greenhouse gas emitter under Premier Danielle Smith. It highlights 7,200 abandoned leaking oil wells, a $1.2 billion shortfall in the Orphan Well Association, and an oversight committee run by oil executives. The piece contrasts Alberta's $20 billion Heritage Savings Trust Fund with Norway's $1.7 trillion sovereign wealth fund, notes Alberta's lack of a Provincial Sales Tax, and argues the province benefits disproportionately from federal infrastructure and migrant labor while complaining of unfair treatment.
Source
bskyAlberta's Environmental and Fiscal Decline Under Danielle Smith's Leadershipsubstack.comKey quotes
· 5 pulledAlberta was Canada's renewable energy leader before Premiere Danielle Smith was elected. Alberta represented over 90% of Canada's renewable energy growth in the year before her moratorium.
The Orphan Well Association (OWA) — which handles wells where the oil company went bankrupt or walked away, has a $1.2 BILLION shortfall.
The Premiere, put an oversight committee in charge run by oil executives. A literal fox in the hen house.
In 1976 the Alberta Heritage Savings Trust Fund was created. Norway started its sovereign wealth fund 14 years after Alberta and now holds $1.7 trillion; Alberta's fund sits at $20 billion because governments raided it to avoid hard fiscal choices.
The province with the worst environmental record, $1.2 BILLION in unfunded toxic oil wells, gutted sovereign wealth fund and no Provincial Sales Tax would like you to know it's being treated very, very unfairly.
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