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Alberta Energy Minister Brian JeanHome
•Business
Business & Economics
70% Informative
Evolve and Atrum Coal are among five coal companies suing Alberta for a collective $16 billion in sunk costs and lost revenue.
Four companies argue that Alberta effectively expropriated their land when it suddenly reinstated its long-standing coal policy in 2022 .
Alberta lifted the coal policy again earlier this year in favour of a new rule system.
Alberta Energy Minister Brian Jean did not immediately respond to a request for comment.
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