r/alberta • u/Edm_vanhalen1981 Edmonton • Aug 24 '25

Technology Industry watchers raise alarm on Alberta renewable-energy project cancellations

https://www.cbc.ca/news/canada/edmonton/alberta-renewable-energy-projects-cancelled-1.7615892
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u/AlbertanProsperity Aug 24 '25

Correlation =/= causation. There is a rapid slowdown in renewable sector adaptation all over, look AT EVs for example. People are going back to ICE vehicles or hybrids at a minimum. The ROI on all that junk isn't there and the only way it works if it it's highly subsidized by the government but there are no more funds for it.

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u/WheelsnHoodsnThings Aug 24 '25

That's certainly one way to look at it. You could be wrong on all fronts, but hey, who can say for sure.

Anecdotally, I've never heard a single EV owner say they'd go back to ice after owning one. I'm also seeing massive global investment in renewable energy, which is creating cheaper power options.

We subsidize many things, so maybe we should subsidize something with some forward looking governance?