Article content

The Alberta government will pay three coal power producers more than $1 billion over the next 14 years to compensate them for shutting down their plants early as part of its climate change agenda.

The province said it is also nearing the end of negotiations over power contract disputes that led to a controversial lawsuit, having reached three agreements with companies, though two are tentative.

We apologize, but this video has failed to load.

tap here to see other videos from our team. Try refreshing your browser, or Alberta reaches $1.36B deal to shut down coal plants Back to video

Talks with a fourth player, Calgary-based public utility Enmax, are ongoing.The deals are the latest in a series of changes the NDP government has made to Alberta’s energy landscape to cut greenhouse gas emissions and produce cleaner power.

The deals are the latest in a series of changes the NDP government has made to Alberta’s energy landscape to cut greenhouse gas emissions and produce cleaner power.

“We have chosen to incentivize new investment in clean energy and improve Albertans’ health by eliminating dangerous air pollution,” Environment Minister Shannon Phillips told reporters.