[en] Since 1982, generation and transmission costs incurred by Alberta's three largest electric utilities have been equalized through a mechanism implemented by the Electric Energy Marketing (EEM) Act. Although this scheme has been successful in providing uniform electricity rates across the province, it has been criticized and the provincial government has consequently announced a review of the EEM program. The terms of the review include examination of the validity of EEM objectives, the implementation of EEM, and alternatives to EEM. It is suggested that these terms are insufficient, and an approach to the EEM review is presented that would begin to ensure that essential issues related to sustainable energy policy are discussed. The approach indicates that a future electric utility industry would be more decentralized and that the EEM program as currently implemented may hinder such a development. It is also argued that full-cost pricing of electricity is more concordant with a sustainable energy policy. However, there may be a role for an EEM agency in a restructured electricity industry that includes a truly competitive generating sector. 13 refs