Policy and rights Former Alberta Wildrose Leader Danielle Smith announces UCP leadership bid

Danielle Smith, former leader of the Alberta Wildrose party, holds a virtual news conference to announce her bid to run for UCP leadership. Premier Jason Kenney stepped down as leader of the United Conservative Party of Alberta on Wednesday night after receiving only a slim majority of support in his leadership review.In British ColumbiaThe Province is introducing a new oil and gas royalty system that puts the interests of British Columbians first and eliminates outdated and inefficient fossil-fuel subsidies.“Our province is blessed with abundant resources, which belong to all of us. But for too long, a broken system of fossil-fuel subsidies has failed to align with our climate goals or ensure people fully benefit from these resources,” said Premier John Horgan. “That’s why we’re fixing the outdated oil and gas royalty system by eliminating the largest fossil-fuel subsidy in British Columbia. This will give British Columbians a fair return and allow us to invest in their priorities – like improving services, bringing down costs and tackling carbon pollution.”The new system will eliminate the Deep Well Royalty Program, the largest oil and gas subsidy, as well as other outdated and inefficient programs, such as the Marginal Well, Ultramarginal Well, Low Productivity Well Rate Reduction and the Clean Growth Infrastructure Royalty programs.Become a supporter of this podcast: https://www.spreaker.com/podcast/policy-and-rights--3339563/support.