02:53:39 EDT Sun 19 May 2024
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or Name
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Atco Ltd
Symbol ACO
Shares Issued 100,930,382
Close 2023-05-10 C$ 45.20
Market Cap C$ 4,562,053,266
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Globe says Atco boss keen to work with feds on climate

2023-05-11 08:07 ET - In the News

The Globe and Mail reports in its Thursday edition that there is no one-size-fits-all solution to reduce emissions from power grids across the country, but a federal conversation to help shape investments in the electricity sector is a good start, says Nancy Southern, chief executive officer of Atco. The Globe's Emma Graney writes that Ottawa announced this month the Canada Electricity Advisory Council, an independent body of 19 experts who will provide the federal government with advice on how the power sector can help achieve the country's net-zero emissions goals. Natural Resources Minister Jonathan Wilkinson said it would help shape Canada's future power grid and decarbonize electricity systems in collaboration with provinces, territories and Indigenous partners. Atco vice-president Pete Bothwell is part of the council, but the group's representation from across Canada is what makes it so valuable, Ms. Southern told The Globe in Calgary on Wednesday. "It will be very helpful in helping Mr. Wilkinson come to understand what's needed, where are the priorities and how we can all work together," she said. "So I'm really encouraged by it." Ms. Southern pointed to polluting diesel generators used in remote communities.

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