NAMI News

The latest trinational news.

Wednesday, July 09, 2008

Alberta pumps $4-billion into green plans.

Financial Post, July 9, 2008 - “Vowing not to let others determine Alberta’s future, Premier Ed Stelmach committed on Tuesday $4-billion from this year’s expected budget surplus to fight climate change – including setting up a $2-billion fund to kick start carbon capture and storage projects that will help the image-challenged oil sands industry. With the move, which Mr. Stelmach said is unprecedented in scope and scale, Alberta is taking a ‘responsible’ and ‘practical’ approach to climate change that doesn’t involve increasing taxes, feeding inflation or ratcheting back development of the oilsands. The investment, he said, will help keep energy affordable.” Read more.

Posted by SiteAdmin | Permalink

NAMI publishes a monthly e-newsletter of trinational and organizational news. If you would like to keep up with NAMI, trinational issues and NAMI's exclusive events, click here to sign up today.