Alberta Politics & Government Thread 3.0

[ThisIsAnOutrage]

Originally Posted by kermitology

What is Alberta going to do when the oil and gas sector globally collapses? That industry is so subsidized it’s insane. But pragmatically, it’s going to end one day, and burying your head in the sand about it isn’t going to save future albertans. But I guess it’s just another case of #### you, got mine.

Why is the idea of standing up for people instead of corporate interests so bloody hard to reckon with?

Alberta deserves the future it gets. Look at coal country in the US. That’s coming for you.

I’m so happy I don’t live there anymore. I have zero desire to return. I don’t even really want to visit.

I'll take from your post that you recognize that Alberta's economic well-being is still heavily ties to the O & G industry.

Does that mean that the people here deserve to be poor? Whether now or in the future? Or is it fairer to say that all people deserve a life free of deprivation?

[kermitology]

Originally Posted by ThisIsAnOutrage

I'll take from your post that you recognize that Alberta's economic well-being is still heavily ties to the O & G industry.

Does that mean that the people here deserve to be poor? Whether now or in the future? Or is it fairer to say that all people deserve a life free of deprivation?

No, they deserve to be prosperous. But if you can’t see the writing in the wall about the coming collapse of oil and gas, then I have no sympathy for you.

Efforts to continue to prop up that dying industry is only making your end state so much worse. Imagine the state of an APP that is heavily invested in O&G and what that would mean to Alberta citizens when APP collapses because of investment collapse?

Also, the idea that albertans would vote for Notley if they didn’t have the colour orange and the NDP name is laughable.

Alberta will always vote conservative because it’s all you know how to do.

[rubecube]

Originally Posted by Slava

The only party that has that association is the NDP. Every other part in Alberta has no official federal ties, and they receive no money.

And why do you think that is, Slava?

If they actually have a party that is capable of winning, and running the province, they'll raise money.

And here we have an actual example of "begging the question."

It's not a question of whether they'll have money at all. It's a question of whether they'll have enough to compete with the UCP. Resources matter in elections, and if the UCP have more of them, they're naturally going to have more opportunity to dictate the narrative, spread their message, etc.

The NDP also don't get the free, positive press that the UCP does in a province that is dominated Postmedia and has enough idiots that buy into the garbage at the Post Millennial, True North, and Rebel.

And leading up to the last election, they raised more money than the UCP. It's questionable about whether the tie to the federal party is a positive or a negative.

Not necessarily true. Regardless, looking just at an election year is a ridiculous sample size and doesn't paint the whole picture.

https://globalnews.ca/news/9450268/a...s-fundraising/

A UCP spokesperson explained that the quarterly reports from Elections Alberta only include money raised through the central party. They do not include money raised through membership sales or by constituency associations and candidates. The UCP has 87 local associations who are helping raise funds on top of what the party raises centrally.

“While we’re still adding up final numbers for our annual return to Elections Alberta, we expect to report nearly $7 million in donation and membership revenue for our party and constituency associations, and over $3.8 million from our leadership candidates,” the January UCP news release said.

[The Fisher Account]

Originally Posted by ThisIsAnOutrage

Does that mean that the people here deserve to be poor? Whether now or in the future? Or is it fairer to say that all people deserve a life free of deprivation?

What on earth are you rambling about?

[Ozy_Flame]

Some food for thought: If an APP actually comes to fruition, it will be absolutely telling about what the realities of where the markets are based on their investment portfolio.

Would be interesting to see if the UCP agrees with or attempts to interfere with AIMCo in how much of that portfolio is O/G, coal, renewables, EV companies, and anything that gaslights their ideology.

And if the majority of investments are in things Dani has rallied against, that would be just too perfect.

[Yoho]

Originally Posted by kermitology

No, they deserve to be prosperous. But if you can’t see the writing in the wall about the coming collapse of oil and gas, then I have no sympathy for you.

Efforts to continue to prop up that dying industry is only making your end state so much worse. Imagine the state of an APP that is heavily invested in O&G and what that would mean to Alberta citizens when APP collapses because of investment collapse?

Also, the idea that albertans would vote for Notley if they didn’t have the colour orange and the NDP name is laughable.

Alberta will always vote conservative because it’s all you know how to do.

Lol “collapse” thanks Vancouver Island keep enjoying those products made from petroleum in the mean time.

[The Fisher Account]

Originally Posted by Ozy_Flame

Some food for thought: If an APP actually comes to fruition, it will be absolutely telling about what the realities of where the markets are based on their investment portfolio.

Would be interesting to see if the UCP agrees with or attempts to interfere with AIMCo in how much of that portfolio is O/G, coal, renewables, EV companies, and anything that gaslights their ideology.

And if the majority of investments are in things Dani has rallied against, that would be just too perfect.

The whole point of the hijacking of AIMCO and the APP is to ensure continued investment in O&G because overall investment is expected to shift considerably over the next decade to renewables.

Ask any person under the age of 40 if they think investing their retirement dollars in O&G is a smart bet for their future and see what they say. Writing is on the wall.

[Muta]

Originally Posted by Yoho

Lol “collapse” thanks Vancouver Island keep enjoying those products made from petroleum in the mean time.

You have a really azzhole-ish propensity to insult and hate on people outside the province. It screams of insecurity and ignorance.

[Slava]

Originally Posted by Ozy_Flame

Some food for thought: If an APP actually comes to fruition, it will be absolutely telling about what the realities of where the markets are based on their investment portfolio.

Would be interesting to see if the UCP agrees with or attempts to interfere with AIMCo in how much of that portfolio is O/G, coal, renewables, EV companies, and anything that gaslights their ideology.

And if the majority of investments are in things Dani has rallied against, that would be just too perfect.

AIMco is a signatory to the UN PRI (Principles of Responsible Investing). They have a fiduciary duty to factor in ESG to their investment models and they're not just going to abandon that for Danielle Smith.

The number one principle is that they will incorporate ESG factors into their investment analysis and decision making processes. You can see a full report on their website, and frankly this is the standard for asset managers globally at this point. It's been made very clear to us that if you are not factoring in ESG, you are not meeting the fiduciary standard.

But, despite all my opinions and views about whether we should do an APP here, the reality is that it would be in good hands. AIMco is reputable, and they're going to manage the funds properly.

Just to be clear...just because I think that's the case doesn't mean that this is good plan for the province.

[Fuzz]

Originally Posted by Slava

AIMco is a signatory to the UN PRI (Principles of Responsible Investing). They have a fiduciary duty to factor in ESG to their investment models and they're not just going to abandon that for Danielle Smith.

The number one principle is that they will incorporate ESG factors into their investment analysis and decision making processes. You can see a full report on their website, and frankly this is the standard for asset managers globally at this point. It's been made very clear to us that if you are not factoring in ESG, you are not meeting the fiduciary standard.

But, despite all my opinions and views about whether we should do an APP here, the reality is that it would be in good hands. AIMco is reputable, and they're going to manage the funds properly.

Just to be clear...just because I think that's the case doesn't mean that this is good plan for the province.

So is this another case of Smith having no clue what she can and can not direct, or is it her lying to Albertans to garner support for it?



Incompetence, liar, or both? Unfortunately this type of deep analysis is just too much for Alberta voters to wrap their head around.

[ThisIsAnOutrage]

Originally Posted by kermitology

No, they deserve to be prosperous. But if you can’t see the writing in the wall about the coming collapse of oil and gas, then I have no sympathy for you.

Efforts to continue to prop up that dying industry is only making your end state so much worse. Imagine the state of an APP that is heavily invested in O&G and what that would mean to Alberta citizens when APP collapses because of investment collapse?

Also, the idea that albertans would vote for Notley if they didn’t have the colour orange and the NDP name is laughable.

Alberta will always vote conservative because it’s all you know how to do.

Do you mean "you" as in me, or "you" referring to Alberta in general?

[PepsiFree]

You talkin’ t’ me?

[Red Slinger]

What do you mean "you" people?

[kermitology]

Originally Posted by ThisIsAnOutrage

Do you mean "you" as in me, or "you" referring to Alberta in general?

You as in you and all Albertans who short sightedly support the UCP in the face of their abject corruption.

[Yoho]

Originally Posted by kermitology

You as in you and all Albertans who short sightedly support the UCP in the face of their abject corruption.

If only we lived in BC all our problems would be solved.

Always amazes me the amount of “jealous ex boyfriends” living in other Provinces that care what Alberta does.

[CliffFletcher]

Originally Posted by Slava

Ok, maybe that's the case...but so what? Is the point to win elections or tell everyone that they're stupid and make poorer decisions? Like if you change your name and colour scheme and that nets you 5% and a win, isn't that the overall point?

Honestly...the progressives in this province mystify me. It's been this way for decades, and I really shouldn't expect it to change, but they just have no care for strategy or gameplay to actually win elections. The one time they managed to win was basically a complete fluke, and aside from that they just won't think strategically in the least.

If they want to form the government in this province, the NDP needs lots of people who vote Conservative federally to vote NDP provincially. So yeah, denouncing them all as bigoted hicks is not a great political strategy.

[PepsiFree]

Originally Posted by Yoho

If only we lived in BC all our problems would be solved.

Always amazes me the amount of “jealous ex boyfriends” living in other Provinces that care what Alberta does.

Said with a straight face by someone obsessed with what Quebec and Ontario does.

[Mr.Coffee]

Originally Posted by kermitology

What is Alberta going to do when the oil and gas sector globally collapses? That industry is so subsidized it’s insane.

Can you please expand on this? People say this all the time but I have no idea what they mean specifically.

[ThisIsAnOutrage]

Originally Posted by kermitology

You as in you and all Albertans who short sightedly support the UCP in the face of their abject corruption.

Ah. Okay then. What do you make of the fact that I voted NDP in the last provincial election? And I assure you, I did. I'm not trolling you here.

[wireframe]

Originally Posted by Mr.Coffee

Can you please expand on this? People say this all the time but I have no idea what they mean specifically.

The definition of subsidy changes depending on who you ask. Some groups say that oil and gas companies is canada get more than $15b/year while CAPP says $0. It all depends on what you count as a subsidy.


Off the top of my head, the obvious subsidies are:
* tax pools for capital expenditure (COGPPE, CDE, etc.)
* government building the transmountain pipeline
* Royalty holidays, especially in heavy oil production
* research grants to develop fossil fuel technologies


This report had the highest subsidy estimate I've ever seen. You can pick and choose which of the items in here count as subsidies to you and you can be confident that you didn't miss anything. http://https://environmentaldefence....April-2021.pdf