The Alberta Energy Regulator (AER) which oversees the provinces oil and gas sector, is looking for ways to become more efficient.
The AER handles responsibilities handled previously by the Energy Resources Conservation Board, public lands regulations and the Water Act and Environmental Protection and Enhancement Act. Later this year it will also include the branch of government that manages environmental impact assessments.
The regulator’s CEO Jim Ellis, says his organization has some lofty goals, “we know there’s a club of top regulators in the world, and we want to be part of that club,”
The AER’s goals over the next couple of years include cutting costs for energy companies as they proceed through the regulatory process along with reducing pipeline incidents.
(Source: Globe And Mail)