The Canadian federal government and Alberta have reached an agreement to gradually increase the province's industrial carbon price to $130 per tonne by 2040. This deal aims to provide regulatory certainty for energy producers while paving the way for a new West Coast oilsands pipeline. Key components of the accord include the development of the Pathways carbon capture project and a commitment to lower-emissions energy production. The agreement has sparked a divide between industry leaders welcoming the investment certainty and environmental groups criticizing the continued reliance on fossil fuels.
