Alberta is on its way to create a resilient economy

MARK ANIELSKI and KRZYSZTOF PALKA

Saturday, January 8, 2017

Good news for oil and gas rich Alberta. Having abundant, inexpensive and environmentally friendly energy will make any economy, future-proof, resilient and will be the foundation for well being of society for a long time.

While it is expensive at first, renewable energy generates electricity that has no cost of fuel, and with time will become the least expensive energy available. Even today, in jurisdictions with significant renewable energy, electricity cost dips close to zero at various times of the day when the sun is shining and/or wind is blowing, just look at Texas. The reality is that power over-generation is a curse when you have to pay for fuel and create emissions and air pollution. On the other hand, over-generation from renewables is a blessing to the economy as the cost of energy goes to zero. While dropping energy cost is bad news for traditional energy providers and distributors, make no mistake, it is very good news for the whole economy.

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Why is Alberta’s Carbon Levy (‘tax’) a Blessing in Disguise

 

tesla-roof-windmills-and-sunflowers-001Why is Alberta’s Carbon Levy (‘tax’) a Blessing in Disguise?

Prepared by: Mark Anielski and Krzysztof Palka

December 8, 2016

A Note to the Reader

The following research paper was prepared by two independent Alberta economic and energy consultants, Mark Anielski (an ecological economist) and Krzysztof Palka (a mechanical engineer and renewable energy expert) to help inform the debate about Alberta’s energy future and the new carbon price that will impact all Albertans come January 1, 2017.

The purpose of our research is to help Albertans become better informed about what for many is a complex and even emotional subject; the imposition of a carbon levy. Our hope is that this research and our observations will provide decision makers and all Albertans with a common-sense perspective on this issue. Our goal is simple: do we believe the new carbon levy or tax on carbon emissions provides a positive, neutral or negative impact on the overall well-being and future of Albertans?

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ATB Financial: Opportunities for Building a New Flourishing Economy of Well-being for Alberta

Today (October 27, 2016) Robert McGarvey and I were the guests of Ted Ritzer of the Government of Alberta on a province-wide Greening Government Speakers Series. We explored the potential for building a sustainable economy of well-being for Alberta by leveraging the hidden assets yet to be fully leveraged by ATB Financial, the most important public bank in North America.

ATB Financial: Opportunities for Building a New Flourishing Economy of Well-being for Alberta

Mark Anielski

November 15, 2016

ATB Financial is Alberta’s most important financial asset. Founded in 1938 under a Social Credit government during the Great Economic Depression ATB is North America’s most important public bank with over $47.673 billion in assets, 6 times larger than then the only other public bank in North America, the Bank of North Dakota and 3.6 times larger than Servus Credit Union in Alberta (with $14.2 billion in assets). What does it mean to have our own public bank?

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The real cost of eliminating poverty in 2016

What would it cost to eliminate poverty and ensure that each person on the planet enjoyed a ‘living wage’; enough income to meet their basic needs for a descent and good life?

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Why Albertans have a lot to be happy about: Let’s count our blessings

March 19, 2016

March 20th is world happbenjamin-franklin-and-happinessiness day. How happy are Albertans today?Should happiness be considered a proper measure of social progress and the goal of public policy?

Or should a new economic paradigm based on well-being be the new goal for public policy and a new economic frontier for Alberta.

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