That's the first part of it. You have the wrong person in this. I think the original intent was to speak about this part of it. There's a whole Renewable Electricity Act in Alberta. The targets are legislated. There's no way around it, and the legislation has not been changed because the assembly did not meet. This is the legislation. It's all in here. It was passed by the Legislative Assembly of Alberta. There's no requirement.
There are really three points to this. The minister owns it. You have the wrong person to be calling before the committee. I also don't understand why you only have one CEO from an oil and gas company. You should invite all of them. That's, I believe, what the natural resources committee did. I believe it was actually an amendment from the government side to invite other energy executives as well, but I don't understand why you don't have Gibson, Tourmaline and Imperial—especially Imperial because they're headquartered in my riding. You should invite them to appear before the committee. You are duplicating the work of the natural resources committee, but I'll leave that to the government side and its allies to determine whether that's wise or not in the use of resources among the different parliamentary committees.
Right now, as it stands, it just doesn't make sense. The net-zero emissions targets that Alberta has are legislated. They're by 2050, and they have to be met because they're in legislation. In fact, Alberta is going to have decommissioned all of its coal power plants by next year, which is six or seven years ahead of schedule. It's happening. We're decarbonizing the entire electricity network.
I'll also remind you that everything I read in this OIC, order in council, is exclusive provincial jurisdiction. It's exclusive. It has nothing to do with any other province or the federal government. The provinces—and I hope my Bloc colleagues will appreciate this—are coequal levels of government. My government in Alberta doesn't owe any of us here a reddition de comptes. It doesn't have to explain why it's determined to do something that's an exclusive area of provincial jurisdiction. I just wanted to mention that. I know the Quebeckers will perfectly understand what I'm trying to say.
In the case of our province, we are far ahead of everybody else in having more clean energy megawatts in our province. I think 75% of investments in 2022 by private companies were invested in Alberta, and that is on the record. That is publicly available information out there, so we are leading the way. We have targets that we are supposed to have 15% of our renewable energy by 2022. Again, it's in this act right here. It says 15%. I think we're at 17% or 18%, according to our systems operator. We're supposed to be at 20% by 2025 and at 26% by 2028.
This order in council was necessary from this particular minister because the targets are legislated. This is why trying to strike it out and make it more generic to environmental plans and targets.... Plans are not good enough. You need the targets. That way they can explain the legislation and the legislative framework that exists, if that's the will of the committee.
Again, there are long documents publicly available online on why this is being done. It's so that they can meet those targets. Right now, large investments are happening on agricultural land. Something like 16,000 hectares of pristine agricultural land are going to be turned over into power plants. That is an issue in rural municipalities. The rural municipalities in Alberta have raised this issue now repeatedly over many months, and they're the ones leading the charge in wanting a review, because they want to make sure that farmers, producers and ranchers are getting fair payments. They also want to make sure that....
They fought for a long time to make sure that oil and gas companies were treating subsurface rights and subsurface access in a right, fair fashion. That's not happening right now because the rules are actually different for these two. Before, you had farmers fighting oil and gas companies over the types of graded roads they'd be able to put on their properties to access a well. Now these types of roads are coming back for clean energy development, and they're having the same fights all over again, because the rules are different, which is why this order in council was deemed necessary by the provincial government.
Again, that's a provincial rule. I think this amendment is infinitely reasonable. As I say, there is an inquiry under way right now by a provincial regulator—public—and it's going to report back by the end of March. That's why I think this amendment is necessary. It will clean up this motion, I think, and vastly improve it as it stands right now.
I have other amendments I'd like to propose afterwards, as well.