Energy and the Environment
“Alberta’s oil and gas companies have a rich history of developing our resources in a sustainable manner. We are committed to working with industry and Albertans in continually improving these practices.”
What are Ecosystems Services?
Directly and indirectly, ecosystems play a role in environmental well-being, as well as human survival and quality of life. Ecosystems services are benefits obtained from natural environments, including air and water filtration, energy, food and fibre production and climate regulation.
What is the Bitumen Royalty in Kind (BRIK) Program?
Under the Mines and Minerals Act, the Alberta government is able to collect its royalty share for resources in cash or in kind. By opting for collecting in-kind royalties, the province is paid in bitumen barrels, which can then be further processed in Alberta. By capitalizing on this in-kind opportunity, the province can create jobs and promote the value-added services available to our provincial economy. For more information on BRIK and its benefits, click here.
Our expertise in the energy industry positions us as leaders in both environmental compliance and industry innovation. The Alberta government must carefully manage both renewable and non-renewable resources, which in turn will support the personal, social and economic well-being of the entire province. This requires protecting our fragile ecosystems and pristine landscapes while developing and capitalizing on our abundance of natural resources. We know that we can achieve long-term growth and greater market access while holding true to our principles of clean air, land and water – and reducing greenhouse gas emissions.
The energy industry plays a crucial role in Alberta’s economy. The industry has created significant growth and sustained economic prosperity not only for Alberta, but all of Canada. The industry has also been a leader in managing our resources and in getting products to market in a safe and responsible manner. For example, the vast majority of our resource products transported by pipeline arrive at their final destinations without concern. Government and industry must work together to further address environmental concerns. It is important that efforts are made to position Alberta as strong environmental stewards, while we continue to challenge ourselves to do even more.