The federal government and Alberta have reached an agreement that adjusts industrial carbon pricing and paves the way for a potential new west coast oil pipeline by 2027. The deal modifies the carbon price trajectory and suspends certain federal clean electricity regulations within Alberta. Beyond infrastructure, the agreement establishes a joint working group to explore low-emission technologies including geothermal, hydrogen, and carbon capture. However, climate analysts warn that the lowered carbon price benchmarks could undermine Canada's 2050 net-zero goals.
