ATCO CEO Nancy Southern argues that Canada's oil and gas sector can remain competitive despite rising carbon costs. She suggests that advance warning and a clear timeline allow companies to invest in carbon capture and low-carbon hydrogen to offset the financial impact of higher taxes. The Alberta and federal governments are currently negotiating a target to raise the effective carbon price to a minimum of 130 dollars per tonne by 2040. While some industry leaders warn this creates a competitive disadvantage, Southern views the pricing as a driver for industrial innovation.
