Calgary September Luncheon: Alberta’s Climate Change Leadership Plan – Impacts on Energy Producers and Consumers

The next CPANS Calgary Technical Luncheon presentation is Wednesday, September 27, 2017. Please register by end of Friday, September 22nd!

Presenters: Dana Saric and Lorne Carson

Dana Saric, Associate, Corporate, Osler, Hoskin & Harcourt LLP

Dana’s practice focuses on project development and finance and on corporate lending in oil and gas production, renewable energy, transportation, electrical power and infrastructure sectors. She has experience with the power and renewable sectors in power purchase agreements, carbon credit transactions and swaps, as well as experience with energy project development, mergers, acquisitions, joint venture arrangements, construction, hedging arrangements, syndicated and non-syndicated bank loan transactions and public and private debt offerings in the capital markets.

Lorne Carson, Partner, Corporate, Osler, Hoskin & Harcourt LLP

Lorne is a partner in the firm’s Corporate Practice Group based in the Calgary office. Lorne is also a professional engineer. His practice focuses on project development and finance in the oil and gas, pipeline, petro-chemical, electrical power, renewable and infrastructure sectors. Lorne has extensive experience in the power and renewable sectors including power purchase agreements, renewable energy credit sales, swaps and forward sales.

Topic: Alberta’s Climate Change Leadership Plan – Impacts on Energy Producers and Consumers

Eager to improve its public image in the midst of ongoing pipeline and oil sands project controversy, Alberta’s new government tightened its pre-existing carbon emissions regulation and introduced the Climate Change Leadership Plan. The province’s new, comprehensive carbon emissions strategy is far-reaching, tolling the death knell for coal-fired generation, imposing multi-layered new costs and restrictions on oil sands production, and paving the way for a restructured power market which incentivizes renewable power production for the first time in the province’s history. Against this backdrop, on December 9, 2016, the federal government  announced the Pan-Canadian Framework on Clean Growth and Climate Change. Although light on tangible policy measures, the federal plan unmistakably signals that escalating carbon pricing across the economy is a reality which is here to stay.

The focus of this presentation will be to evaluate the climate change legislation in force in Alberta and its impacts on energy producers and consumers, from oil and gas producers who must comply with multi-layered restrictions in the new carbon regime, to renewable energy producers and other participants and purchasers in the power market who can benefit from new policy measures, new financial incentives and new electricity market structures. The presenters will examine the practical impacts of the emerging carbon regime for energy producers and consumers. While the end result of Canada’s multi-layered and continually evolving legislative carbon framework is currently unknown, one thing is clear – industrial carbon emitters and renewable power generators alike would be wise to manage the impact of their carbon footprints and to seek opportunities within the network of emerging climate change policies and emissions markets.

Registration and payment:
Please register by end of Friday, September 22nd for the event, so that we can order the correct number of lunches. Register for this event with Paypal online registration and payment (there is an option for using a credit card, no Paypal account is required).

CPANS member cost is $35
Non-member cost is $45

You can also register by emailing CalgaryLuncheon@cpans.org and then we accept payment upon arrival to the luncheon by debit, credit card, cash or cheque. (Please note, the credit/debit card machine works slowly, and you are encouraged to register online, OR bring a cash or cheque, OR arrive 30 minutes before the presentation starts, to make sure we are able to register everyone on time). If you register and are not able to attend, please provide 24 hours notice so that we can adjust our numbers with the venue.

If there is sufficient interest, we will offer a remote webcast option for those who wish to attend the presentation but cannot get to Calgary. Please contact CalgaryLuncheon@cpans.org if you are interested in this option.

The presentation will start at 12pm at the Ramada Hotel (708 8th Avenue Southwest, Calgary). Food will be served at 11.30am.

For Paypal Registration, click the links below:

CPANS Member Registration ($35)

Non-Member Registration ($45)