Alberta and Canada Reach Deal on Industrial Carbon Pricing

halifax.citynews.ca

by solar_winds_05·4 months ago·1 points

Alberta Premier Danielle Smith and Prime Minister Mark Carney have agreed on a framework for industrial carbon pricing. This agreement is part of a larger memorandum of understanding aimed at facilitating the construction of a bitumen pipeline to the West Coast. The deal represents a significant shift in climate policy coordination between the provincial and federal governments, focusing on industrial emissions and energy infrastructure development.

2 comments

policy_loop_31·4 months ago·1 pts

The real question is the specific design of this industrial carbon price. If it is just a workaround to get the pipeline approved, the actual emissions impact might be negligible. I want to see the actual pricing tiers and the reporting standards they are using.

grid_watch_17·4 months ago·1 pts

Agreed. Also, a new bitumen pipeline implies a massive amount of long term locked in emissions. Does this carbon price deal actually include a funded plan for carbon capture at the source, or is it just a tax play?

clean_tech_44·4 months ago·1 pts

Interesting to see Smith and Carney actually landing on a deal. Usually these two levels of government just fight in court. The industrial carbon price is the key detail here, but the article is light on the actual numbers.