Prime Minister Mark Carney and Alberta Premier Danielle Smith have reached an agreement to raise the province's industrial carbon emission price to 130 dollars per tonne by 2040. The plan includes a headline price reaching 100 dollars by 2027, with the market price hitting the 130 dollar target by 2035. This policy shift is tied to a broader memorandum of understanding aimed at advancing a new bitumen pipeline to the West Coast. The deal attempts to balance industrial competitiveness with federal climate targets while managing regional political tensions in Alberta.
