EDMONTON -- Alberta will build a global energy centre by 2021 that will pump an additional $50 billion into the province's economy annually, predicts Ralph Klein.
The premier told the Alberta Chamber of Resources yesterday the energy production system will include state-of-the-art refining and processing, massive storage facilities and a world-scale petrochemical complex.
He said the centre, also to include electrical generation and transmission facilities, will drive new industrial investment in the province and smooth out Alberta's boom-and-bust rollercoaster.
"Like the song says, you ain't seen nothing yet," Klein told the annual general meeting of resource industry executives. "It's one of the legacies I would like to leave."
He promised Alberta's resource sector will be "bigger, more diverse and busier than ever."
"In addition to the energy-production system, Alberta will be a leader in technology development and environmentally sound energy development," he said.
A big part of his plan includes a shift to "clean coal" and other non-conventional energy sources -- wind, solar and perhaps even nuclear, he said.
Klein said he'll be outlining in his Feb. 21 annual TV address and in the Throne speech what Alberta plans to do to encourage those developments.
But he said he believes new technology can be invented to burn coal with fewer emissions and that will spur Alberta prosperity since the province has a 300- to 1,100-year supply of coal.
"A new day is dawning for coal and it's dawning in Alberta," the premier said, borrowing a page from speeches Tory leadership hopeful Jim Dinning has been making around the province over the past year.
Klein added Alberta's coal seams also contain an estimated 500-trillion-cu.-ft. of natural gas.
Conventional oil and gas and the oilsands will continue to drive the province in the short-term as the U.S. becomes more dependent on Alberta for a secure supply of energy, Klein said.
"We're close. We're friendly. We're stable and we have abundant energy sources capable of meeting the continent's needs for decades to come."
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The premier told the Alberta Chamber of Resources yesterday the energy production system will include state-of-the-art refining and processing, massive storage facilities and a world-scale petrochemical complex.
He said the centre, also to include electrical generation and transmission facilities, will drive new industrial investment in the province and smooth out Alberta's boom-and-bust rollercoaster.
"Like the song says, you ain't seen nothing yet," Klein told the annual general meeting of resource industry executives. "It's one of the legacies I would like to leave."
He promised Alberta's resource sector will be "bigger, more diverse and busier than ever."
"In addition to the energy-production system, Alberta will be a leader in technology development and environmentally sound energy development," he said.
A big part of his plan includes a shift to "clean coal" and other non-conventional energy sources -- wind, solar and perhaps even nuclear, he said.
Klein said he'll be outlining in his Feb. 21 annual TV address and in the Throne speech what Alberta plans to do to encourage those developments.
But he said he believes new technology can be invented to burn coal with fewer emissions and that will spur Alberta prosperity since the province has a 300- to 1,100-year supply of coal.
"A new day is dawning for coal and it's dawning in Alberta," the premier said, borrowing a page from speeches Tory leadership hopeful Jim Dinning has been making around the province over the past year.
Klein added Alberta's coal seams also contain an estimated 500-trillion-cu.-ft. of natural gas.
Conventional oil and gas and the oilsands will continue to drive the province in the short-term as the U.S. becomes more dependent on Alberta for a secure supply of energy, Klein said.
"We're close. We're friendly. We're stable and we have abundant energy sources capable of meeting the continent's needs for decades to come."
Previous story: Disaster ops to get facelift
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