Alberta Premier Danielle Smith and Prime Minister Mark Carney are negotiating a memorandum of understanding to resolve disputes over carbon pricing and oil sands CO2 capture. The deal aims to balance energy development with federal climate mandates. Key agreements already include a 75% reduction in methane emissions by 2035 and streamlined environmental assessments. Current talks focus on a provincial carbon price target of 130 dollars per tonne to maintain business affordability while meeting federal floor price requirements.
