Prime Minister Mark Carney and Alberta Premier Danielle Smith have agreed to a new industrial carbon pricing framework. The plan aims to raise the effective carbon price in Alberta to 130 dollars per tonne by 2040, with a headline price reaching 100 dollars per tonne by 2027. This agreement is tied to the development of a new bitumen pipeline to the West Coast. It distinguishes between the headline price paid to the government for technology investments and the market price for credits traded between companies.
