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Old 05-09-2024, 08:39 AM   #19358
Muta
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Is Brian Jean a ####ing idiot?

TransAlta cancels wind power project over new government rules on development

https://calgary.ctvnews.ca/transalta...ment-1.6873595

Quote:
A major Alberta utility has cancelled a large wind power project in response to new government rules on where such developments can be built.

TransAlta CEO John Kousinioris said Friday the 300-megawatt Riplinger project near Cardston in southern Alberta will no longer proceed.

"We've reassessed our growth plans in the province," he said in a conference call to analysts.

"(The project) has been impacted by the new restrictions on development near protected areas and pristine viewscapes and will not be advanced. The project has been removed from our growth pipeline."

TransAlta is also to put three other developments on hold, as the government goes through a redesign of the province's electricity market.
Quote:
It's the second setback this week for low-carbon energy generation in Alberta.

Electricity generator Capital Power announced Wednesday it would cancel plans for a $2.4-billion carbon capture and storage project for its natural gas facility near Edmonton.

CEO Avik Dey said the cost of the project was too high and the regulatory environment around it too uncertain to justify going ahead.
The bubble these 'conservatives' live in is unreal.
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