The Alberta Government is suing itself because it didn’t occur to them to familiarize themselves with Alberta’s energy regulations before they made broad sweeping changes to them.
It’s a bit of a convoluted mess.
In Alberta, in 2000, under the former PC government, a regulation was brought in that said power companies could get out of their long term contracts if the contracts become unprofitable as a result of the government making a change to policy. This regulation has been on the books for 16 years, so it should have come as no surprise to the NDP. But it was a surprise to them, after all.
Now that the NDP has brought in the carbon tax, and doubled the tax on coal fired electricity, Alberta’s energy companies are giving the government notice that they will dump their contracts the way the law allows them to. Taxes upon taxes have a pesky habit of making business unprofitable. File under: Things Socialists Don’t Understand.
Now the Alberta government is suing itself to make this regulation invalid, allowing them to change the terms of the contracts with energy companies after the fact.
The NDP are trying to wrap themselves in the shroud of consumer protection, saying they are doing this to save Albertans from $2 billion in cancellation costs. If the NDP cared about the cost of my power bill, they’d never phase out coal electricity.
Speaking of coal, with the cost of terminating the contracts for coal electricity at an estimated $11 billion the NDP still come up $9 billion short in their fake concern for the consumer.