Alberta and the Canadian federal government are advancing plans for a new oil pipeline to the west coast. The agreement includes a specific industrial carbon pricing framework, setting a price of 130 dollars per tonne by 2040, which is lower than the previous national benchmark. While the project aims for a construction start date in September 2027, it currently lacks a private proponent. The deal reflects a shift in federal priority toward economic agendas and affordability over stricter green energy targets.
