According to Hamish Stewart of the National Observer, "decades of investment and government sponsored research into deep oil sands extraction and Steam Assisted Gravity Drainage (SAG-D) enhanced oil recovery systems could be channelled into the development of a world-leading geothermal energy sector. Rather than continuing as an exporter of raw resources linked to unstable global commodity prices, the province could use its geology and technical prowess to become a global exporter of distributed energy systems and advanced geothermal expertise. As corporate leaders in the oil and gas sector transition their business models away from carbon-intensive assets to renewable energy portfolios, geothermal should be considered in their “2 degree transition plans.”"
Alberta’s Climate Leadership Plan, which describes the phase-out of coal-fired power by 2030, is just the beginning of a transition to a more prosperous, healthy and fiscally responsible future beyond fossil fuel extraction.
The full article can be found here.