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Originally Posted by Whynotnow
Nice post, I will add that a lot of prominent energy companies have made significant ESG commitments themselves to shareholders and in rare cases bond holders. Alberta was a good jurisdiction because if you consume power here cost is very high and producing here in a renewable way helps to offset that. She now stands in the way of these organizations doing what they need/want do do. Some of them also have other investment opportunities in different jurisdictions, they will very quickly move on.
Brilliant move here…
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Once they leave they won’t ever come back…
This is politics for sure but I don’t mind a little politics stuffed back in the Feds face, let’s see how this plays out before we say this is the end of the world.