Friends,
Happy New Year!
2024 is starting off with some exciting news for clean energy. The recently announced Dow’s $9 billion Path2Zero project in Fort Saskatchewan marks Alberta’s largest private sector investment in 15 years. This initiative, a global first, establishes a net zero Scope 1 and 2 greenhouse gas emissions integrated ethylene cracker and derivatives site. The project enhances Alberta’s ethylene and polyethylene capacity, boosting export potential and reinforcing the province’s leadership in emissions reduction and clean technology. It will also create around 6,000 jobs during peak construction, and around 400 to 500 permanent jobs – meaning more families can count on good jobs.
Alberta has surpassed its methane emissions reduction target ahead of schedule, achieving a 45% reduction from 2014 to 2022 through collaborative industry efforts, early action programs, regulatory requirements, and improved leak detection. The government’s commitment to success is evident through initiatives like the Alberta Petrochemicals Incentive Program and the Technology Innovation and Emissions Reduction Regulation.
Finally, I have heard a lot of concerns regarding how the government is capturing feedback for the potential of an Alberta Pension Plan (APP). A workbook with sections covering various APP-related topics is available for public input until February 28, 2024. Details can be found on the Engagement Alberta Pension Plan website at www.albertapensionplan.ca/engagement.
If you have any questions or input, please feel free to reach out to my office at [email protected].
MLA – Calgary Fishcreek Myles McDougall
proudly serves the following Communities: Bonavista Downs, Deer Ridge, Deer Run, Diamond Cove, Lake Bonavista, Midnapore , Parkland, Queensland , Sundance
