Jason R. Wang
@jasonrwang.bsky.social
260 followers 140 following 110 posts
Climate, #RethinkingEconomics 📊, decisions under uncertainty | Sr. Analyst @pembina.org⚡️🔋💨☀️ Also: @PathsForPpl @ModellingEnergy | Views my own
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jasonrwang.bsky.social
Hey @youralberta.bsky.social, this is what a credible plan looks like. It has new actions and ideas, unlike the 2023 ERED document that just rehashes past work.
pembina.org
🔔🆕 Manitoba’s new climate plan sets net-zero by 2050, with time-bound legislated targets and reporting. We’re excited to see it centre Indigenous collaboration, clean job transitions & #RenewableEnergy.

“This isn’t an obligation – it’s an opportunity.” — Minister Mike Moyes
Reposted by Jason R. Wang
Reposted by Jason R. Wang
molszyns.bsky.social
Seems like a big deal. 🤷🏻‍♂️ #cdnpoli #ableg.

NB: $10.7 billion is undoubtedly an underestimate. Total oil sands mine closure estimates have swung wildly in the past 4 yrs (graph), which tells you something about their reliability.
An operating life deposit was collected for the first time. Syncrude posted $868,626,731 in security, bringing the total security for Syncrude Mildred Lake-Aurora North to $1,073,929,755. This means that the MFSP considers Syncrude's Mildred Lake-Aurora North mine to have 15 years of reserves remaining. If the MFSP operates as expected, Syncrude will post $1,073,929,755 in security annually for the next 9 years. It also indirectly suggests that Syncrude and the MFSP estimate the closure cost for the Syncrude Mildred Lake-Aurora North mine at just over $10.7 billion. The ease with which that can now be calculated is notable
and significant, as it means that the MFSP estimated liability for the Syncrude Mildred Lake-Aurora North mine is effectively now public information, while the estimated liabilities for the other mines are not. Both the AER and industry have been steadfast in their refusal to disclose these mine specific estimates or to subject them to third party scrutiny, as requested by some First Nations. Graph showing big swings in total oil sands mine liability.
Reposted by Jason R. Wang
adamscott.bsky.social
"As rights & title holders, we must inform Premier Smith once again that there is no support from Coastal First Nations for a pipeline & oil tankers project in our coastal waters" Marilyn Slett, president, Coastal First Nations Great Bear Initiative. www.cbc.ca/news/canada/... #cdnpoli #abpoli #c5
First Nations on B.C.'s North Coast won't support Alberta's pipeline proposal 'now or ever,' says chief | CBC News
The president of an organization representing First Nations along British Columbia's North Coast says it won't support a new bitumen pipeline proposal from Alberta's premier "now or ever."
www.cbc.ca
jasonrwang.bsky.social
📻 In the meantime, this @volts.wtf episode is worth a listen: "What if I can save money not just for an individual customer, but we can actually reduce the cost of ... the distribution grid? ... the average utilization rate of the US distribution system is around 42%." www.volts.wtf/p/the-cooles...
The coolest new home electrification widget
Smart meters that accelerate electrification by going from a consumer-led to an infrastructure-driven approach.
www.volts.wtf
jasonrwang.bsky.social
💡 The latter point is the fault of myself and my colleagues, not of @maxfawcett.bsky.social. The electricity system is frustratingly difficult to understand even for those of us who spend all our time thinking about it. We're struggling to explain what a "modernized" electricity grid looks like.
jasonrwang.bsky.social
☀️ Max hits the mark with this: rooftop (and balcony) solar lets everyone be involved in the energy transition.

💸 But he oversimplified on costs. Rooftop solar is in fact more economic than LCOEs suggest because they take advantage of existing, under-utilized distribution wires.
jasonrwang.bsky.social
Janetta is so right. Today's announcement is so disappointing to see as an Albertan. There are tens of billions of dollars that wind, solar, battery storage, and grid modernization companies are very happy to bring to Alberta. But they're met with barriers, not open arms.
jasonrwang.bsky.social
“It’s economically perverse that the provincial government will spend public money on a project the private sector has balked at, while simultaneously sabotaging private investment in renewable energy projects the market is demanding."
jasonrwang.bsky.social
🚩 Alberta’s pipeline proposal is a bad bet for taxpayer dollars and Canada’s climate

“It speaks volumes that after months of pressure from [Alberta] ... & offers of concierge service from Ottawa, industry has still refused." – Janetta McKenzie, O&G dir. @pembina.org

#ABpoli #ABenergy #ABinvestment
Alberta should heed private sector caution on pipelines | Pembina Institute
CALGARY — JANETTA McKENZIE, director of the Pembina Institute’s oil and gas program, made the following statement in response to news that the Government of Alberta will be the proponent for a new oil...
www.pembina.org
jasonrwang.bsky.social
Air quality in Jasper and Squamish are horrendous right now. And in Vancouver, Yellowknife, Alberta, and more.

Take care, folks. And a loved one or neighbour too, if you can.
Reposted by Jason R. Wang
pembina.org
“I really wish that the panel would not just ask, ‘How do we build nuclear energy?’ Instead, ‘How do we build a grid that’s ready for the future?’,” says our electricity expert @jasonrwang.bsky.social in conversation with Michael Higgins on Alberta Primetime.👇 2/2 #abpoli

buff.ly/9vacUUQ
jasonrwang.bsky.social
Depends on what timeframe. We were on track to hit the 30% by 2030 legislated goal by ~2027, but it all depends on how the market redesign and details of several new AUC rules end up, like transmission cost allocation.
Reposted by Jason R. Wang
jasonrwang.bsky.social
UPDATE: it's the lowest since June 2021 – a whole four years ago.

AESO removed links to project queues from before January 2023 so I needed to dig into my archives to find the older data.
jasonrwang.bsky.social
UPDATE: it's the lowest since June 2021 – a whole four years ago.

AESO removed links to project queues from before January 2023 so I needed to dig into my archives to find the older data.
jasonrwang.bsky.social
This volume may rebound somewhat as the AESO opens up its third cluster process for processing new generation projects in October 2025, but without reversing some of its policy decisions – including in the current electricity market redesign, I expect to see more cold feet from investors.
jasonrwang.bsky.social
As of last Friday, Alberta's renewable energy development queue hit the lowest it has been since at least February 2023.

For more on the downward trend, the spikes, and ways to grow development interest again, see: www.pembina.org/pub/down-not...
jasonrwang.bsky.social
Apropos nothing, some napkin math:

With an estimated 861 Gt of carbon stored in trees and soil, it would take 3.27 Earths' worth of trees and soil to soak up anthropogenic emissions.
jasonrwang.bsky.social
3-0 is a little boring, but Chelsea just out-PSG’d PSG.
jasonrwang.bsky.social
⚽️ What an exciting FIFA Club World Cup final! At least in the first half. Sad that Bayern Munich didn’t make it, but Chelsea deserve this win.
jasonrwang.bsky.social
SK’s electricity emissions intensity is already higher than China’s. (NIR, Ember).

And China is building renewables faster than growth in demand.
brettdolter.bsky.social
Minister Harrison notes that China is building new coal plants. Canada is one of the richest countries in the world, and is the 10th biggest GHG emitter in the world. If we cannot retire coal-fired power then it undercuts our arguments that the rest of the world should also phase out coal.
jasonrwang.bsky.social
We’re mostly good now!

Still above the WHO recommended 24 hr avg figure of 15 μg/m3 though.

#YEGwx
jasonrwang.bsky.social
The smoke and air quality warning in Alberta is getting to a lot of us. I hope you all take a moment to check in with a friend, family member, a neighbour. We need community to mitigate and adapt together.

It does seem like cleaner air is coming to Edmonton from Ft. McMurray though.