Ottawa's plan to reduce emissions would cost Alberta an estimated 80,000 jobs in 2030.
The new regulations will add more than $78,000 to the cost of a newly constructed home in the province.
Energy efficiency mandates often fall short of achieving meaningful reductions in emissions.
Wrong Move at the Wrong Time: Economic Impacts of the New Federal Building Energy Efficiency Mandates
The cap would lead to at least $45 billion in lost economic activity in 2030 alone.
Electricity satisfies only a modest slice—roughly one-fifth—of Canada’s total primary energy demand.
Natural gas is critically important to produce electricity at affordable costs.
As a result of Europe’s dependency on natural gas, prices have skyrocketed.
The report exaggerates the current and future net costs of global warming.