The Canadian federal government and Alberta are reportedly finalizing an agreement to set an effective industrial carbon price of $130 per tonne by 2040. This deal follows a broader energy pact that links climate policy targets to the development of an oil pipeline to the West Coast. The proposed timeline has drawn criticism from environmental groups who argue the 2040 deadline is too distant and weakens industrial pricing. Meanwhile, oilsands operators continue to push for the complete removal of carbon pricing mechanisms.
