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Alberta proposes deal to close coal-fired power plants
The Alberta government might pay three coal power producers more than $1 billion over the next 14 years to compensate them for shutting down their plants early as part of its climate change agenda, the Calgary Herald reported. The province is nearing the end of negotiations over contract disputes that led to a controversial lawsuit, reaching three agreements with companies, two of which are tentative. Talks with a fourth player, Calgary-based public utility Enmax, are ongoing. The deals are the latest in a series of changes the government has made to Alberta's energy landscape to cut greenhouse gas emissions and produce cleaner power.
Alberta proposes deal to close coal-fired power plants
The Alberta government might pay three coal power producers more than $1 billion over the next 14 years to compensate them for shutting down their plants early as part of its climate change agenda, the Calgary Herald reported. The province is nearing the end of negotiations over contract disputes that led to a controversial lawsuit, reaching three agreements with companies, two of which are tentative. Talks with a fourth player, Calgary-based public utility Enmax, are ongoing. The deals are the latest in a series of changes the government has made to Alberta's energy landscape to cut greenhouse gas emissions and produce cleaner power.
Alberta proposes deal to close coal-fired power plants
2016
Article (Journal)
English
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