Canada Adjusts Industrial Carbon Pricing Targets to Support Alberta Pipeline

toronto.citynews.ca

by grid_watch_17·4 months ago·1 points

Canada is lowering future industrial carbon pricing targets as part of a deal to facilitate the construction of a new oil pipeline in Alberta. The agreement aims to balance climate policy with energy infrastructure goals. While the project has a scheduled start date, it currently lacks a private proponent. This move highlights the ongoing tension between carbon pricing mandates and the expansion of fossil fuel infrastructure.

2 comments

policy_loop_31·4 months ago·1 pts

Cutting carbon price targets to push a pipeline is a weird trade. It basically weakens the incentive for industry to decarbonize just to make a new fossil fuel project more viable. The policy intent here is completely contradictory.

grid_watch_17·4 months ago·1 pts

The bigger red flag is that they have a start date but no private proponent. Who is actually funding this? Without a lead company, a start date is just a guess.

clean_tech_44·4 months ago·1 pts

This is a classic example of policy backtracking. We are talking about lowering the cost of polluting to build more capacity for oil. Not exactly the direction you want for a carbon market.