Alberta, Canada - Alberta's Emissions Reduction and Energy Development (ERED) Plan outlines a path for the province to achieve net-zero aspirations by 2050 while maintaining affordable, reliable, and secure energy for Albertans.

The plan affirms that responsibly produced oil and gas will continue to be a fundamental part of the global energy mix while signalling to the world that Alberta is the place to invest. Actions in the ERED Plan like modernizing the electricity system, integrating new technology, and supporting natural gas-fired generation will help keep energy reliable, safe, and affordable for Albertans. The plan also outlines investment and partnership opportunities, including ways to better support Alberta's skilled workforce, strengthen relationships with Indigenous organizations and communities, and collaborate with industry.

The ERED Plan has received positive feedback from experts, who believe it is evidence that Alberta does not require overlapping federal regulation to meet net-zero goals. Alberta has been a leader in emissions reduction and climate policy for years, establishing a climate plan in 1998 and introducing an industrial carbon price and emissions trading system in 2007. Alberta has also set a methane emissions reduction target for the oil and gas sector and is on track to meet and exceed its 2025 goal. Additionally, Alberta is expected to transition from coal-fired electricity in 2023, seven years ahead of provincial and federal targets.

Source: alberta.ca