On October 24, 2012, the Alberta government introduced Bill 2, the Responsible Energy Development Act (REDA). REDA proposes to create a single regulator (Regulator) to manage the development of energy resources, including oil, gas, oil sands, and coal, as well as energy resource activities requiring approval or that are subject to regulation. REDA does not apply to hydroelectric energy. The Regulator will assume the energy resource functions of the Energy Resources Conservation Board (ERCB), and the Ministry of Environment and Sustainable Resource Development (ESRD).
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