Alberta Misses $2.3 Trillion Clean Energy Boom, Confident Oil Will Make a Comeback Any Minute Now
As the world emptied its pockets into clean power, Alberta checked the couch cushions for more pipeline change.
According to the Business Renewables Centre’s Renewables in Review 2025, wind development in the province has “stalled altogether,” a polite industry phrase meaning the turbines have stopped showing up. Alberta actually lost grid-connected wind capacity, while solar added a modest 38 megawatts, its smallest bump since 2019.
Meanwhile, BloombergNEF reported a breezy $2.3 trillion in global renewable investment in 2025, up eight per cent year-over-year, even as trade tensions flared. Globally, clean energy is a gold rush. In Alberta, it’s more of a historical reenactment.
Upstream oil and gas investment has fallen sharply over the past decade, automation is thinning the oil patch workforce, and Canada has slipped out of the global top ten for clean energy investment replaced, awkwardly, by Saudi Arabia.
While China, India and Japan build the future, Alberta continues pitching fossil fuels to customers busy installing solar panels. It’s a bold strategy: sell VHS tapes at a streaming convention and hope no one notices.
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