Prime Minister Mark Carney and Alberta Premier Danielle Smith have reached an agreement to raise Alberta's industrial carbon emission price to 130 dollars per tonne by 2040. This plan includes a headline price increase to 100 dollars per tonne by 2027, followed by a rise to 130 dollars by 2035. The deal aims to stabilize the relationship between the provincial and federal governments while advancing plans for a new bitumen pipeline to the West Coast. The agreement distinguishes between the headline price paid to the government and the effective market price for carbon credits.
