ATCO CEO Nancy Southern argues that Canada's oil industry can remain competitive despite rising industrial carbon prices. She points to the sector's capacity for innovation, specifically in carbon capture and clean fuels, as a way to maintain its position as an energy leader by 2040. The discussion comes as a memorandum between Alberta and the federal government suggests raising the effective carbon price to 130 dollars per tonne. While some industry leaders warn of a competitive disadvantage, Southern suggests these costs will drive necessary technological advancements.
