The Canadian federal government and the province of Alberta are reportedly close to a deal that would set an industrial carbon price of $130 per tonne by 2040. This agreement aims to align provincial industrial emissions pricing with federal targets to drive decarbonization in one of Canada's most carbon-intensive regions. The potential deal focuses on creating a predictable pricing trajectory for heavy industry, providing a clear financial signal for companies to invest in low-carbon technologies and carbon capture systems over the next two decades.
