The Potential Consequences of the Alberta Energy Regulator on Stakeholders in the Resource Industry ...

The transition to the new regulatory body has significant implications for all those involved in oil, gas, oil sands and coal projects in this Province. Based on the intended goals of the Alberta Energy Regulator (AER) that were derived from the recommendations of the Regulatory Enhancement Task For...

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Bibliographic Details
Main Author: Sharma, Richa
Format: Article in Journal/Newspaper
Language:unknown
Published: Faculty of Graduate Studies 2013
Subjects:
Online Access:https://dx.doi.org/10.11575/prism/30045
https://prism.ucalgary.ca/handle/1880/51625
Description
Summary:The transition to the new regulatory body has significant implications for all those involved in oil, gas, oil sands and coal projects in this Province. Based on the intended goals of the Alberta Energy Regulator (AER) that were derived from the recommendations of the Regulatory Enhancement Task Force, the Province’s new regulator will function differently than the previous three-body system of the Energy Resources Conservation Board (ERCB), Alberta Environment (AE) and Sustainable Resources Development (SRD). This means stakeholders of all kinds must now pay close attention and understand their roles within this new regulatory framework. This paper will evaluate the potential effects of the new regulator on various stakeholders such as the industry, First Nations groups, landowners and environmentalists. This paper will analyze how the system will function differently and where stakeholders can expect to see changes based on available information and analysis of the Responsible Energy Development Act (REDA) ...