Alberta has agreed to increase its industrial carbon tax to 130 dollars per tonne by 2040 as part of a new energy collaboration agreement with the federal government. The deal includes stricter methane controls and a commitment to the Pathways carbon capture project, which is estimated to cost at least 24 billion dollars. Beyond carbon pricing, the agreement focuses on the comprehensive electrification of Alberta's energy systems. The province aims to double its electricity grid by 2050 through a mix of nuclear, wind, solar, and geothermal power to support net-zero goals and the growing energy demands of AI data centers.
