Predictions and Probabilities
Despite unforeseen disasters that influenced Alberta’s prosperity last year, economists are forecasting a healthy outlook in 2004 >
Despite unforeseen disasters that influenced Alberta’s prosperity last year, economists are forecasting a healthy outlook in 2004 >
After this summer’s massive power outage in regions of Canada and the United States, reducing power consumption is on every business owner’s mind. >
Experts, players and stakeholders agree – it is not possible to put electricity’s Humpty Dumpty back together again – even if the premier wanted to get out the glue gun >
Electrical meter-reading problems and billing errors over the past year sparked a heated argument between Energy Minister Murray Smith and EPCOR CEO Don Lowry which boiled over into the public eye in mid-October. >
Confused readers could be forgiven for mistaking the business pages for a police blotter during the past year, which saw dragnets descend on several executives from such former investment darlings as Enron, Adelphia and WorldCom. The headlines made great fodder for stand-up comedians with jokes about accountants gone bad and decorating tips for prison cells by Martha Stewart, accused of insider trading on biotech giant ImClone. >
Supporters describe it as a catalyst that will foster investment in new technology and encourage business to become more efficient. Critics call it a kneejerk response to European pressure which will have no significant impact on the environment and will deal a devastating blow to Alberta’s economy.
Regarded as a dirty fuel of the past, coal is experiencing a turnaround in Alberta, repositioning to become a gateway to the epoch of clean energy as a companion and competitor to trendier natural gas, wind and solar power.
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Don Lowry – President and CEO, EPCOR Utilities Inc.
Managing operating assets of $2.1 billion, in a year where energy deregulation has turned the province upside-down, EPCOR president and CEO Don Lowry remains focused on an aggressive growth plan that will see the essential services firm double the size of earnings over the next 10 years.
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Dan Macnamara – Executive Director, Industrial Power Consumers and Cogenerators Association of Alberta
When Dan Macnamara stands up and shouts “power to the people” you can’t help but take him literally.
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N. Neil McCrank – Chairman, Alberta Energy and Utilities Board
If Neil McCrank, Q.C. were a circus performer, the chairman of the Alberta Energy and Utilities Board would walk the high wire. To the right, industry lines up with more oil and gas drilling applications than ever before, seeking permission to tap sour gas reservoirs or build new coal-fired electric generation plants.
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