On December 10, 2012, the Responsible Energy Development Act (“REDA”) received royal assent. Under REDA, the Alberta Energy Resources Conservation Board and certain regulatory functions of the Ministry of Environment and Sustainable Resource Development will be replaced with a new single provincial regulator for all oil, gas, oil sands and coal projects in the province of Alberta. The new Alberta Energy Regulator will have expanded powers, including the consideration of permitting under the provincial Environmental Protection and Enhancement Act, the Water Act and the Public Lands Act. REDA has implications that potentially affect all oil, gas, oil sands and coal projects in Alberta currently under development and planned for the future. For an overview of REDA’s changes, please see our earlier Energy Law Bulletin.
With royal assent, the Alberta government may now appoint a transition committee to be responsible for directing and overseeing the orderly transition from the Energy Resources Conservation Act to REDA. The transition committee will also be responsible for ensuring the full operation of the new Alberta Energy Regulator once the remainder of REDA comes into force, anticipated to be in June of 2013.
With REDA receiving royal assent, the Alberta government may now turn its attention to drafting regulations that will provide additional detail to the framework established by REDA, including details respecting the administration of applications, hearings and those proceedings that will not have been completed at the time REDA comes into force.
We will provide further updates when the regulations under REDA are released.
Lawson Lundell's Project Law Blog focuses on updating proponents on issues emerging in the law and policy that applies to the development of major projects in Canada. The focus of the blog is on matters relating to environmental assessment and compliance, regulatory matters and Indigenous consultation.