Prime Minister Mark Carney and Alberta Premier Danielle Smith have reached an agreement to raise industrial carbon emission prices in Alberta. The plan targets an effective market price of 130 dollars per tonne by 2040, with the headline price reaching 100 dollars by 2027. This deal aims to stabilize the province's relationship with the federal government and remove hurdles for a new bitumen pipeline to the West Coast. The agreement distinguishes between the headline price paid to the government and the effective price determined by the open market for credits.
