ATCO CEO Nancy Southern on Canada's Industrial Carbon Price and Oil Sector Innovation

ATCO CEO Nancy Southern argues that Canada's oil industry is innovative enough to handle rising industrial carbon prices. While other business leaders warn about competitiveness, Southern suggests that carbon capture and clean fuels will position Canada as a global leader by 2040. The discussion comes as a memorandum between Alberta and the federal government aims to raise the effective carbon price to 130 dollars per tonne. This shift creates a tension between immediate operational costs for oil exporters and long term decarbonization goals.