The Canadian federal government and the province of Alberta are reportedly close to an agreement setting an effective industrial carbon price of $130 per tonne by 2040. This deal follows a broader energy pact that links climate policy goals to the development of an Alberta oil pipeline to the West Coast. While the move aims to establish a long-term pricing trajectory, it has drawn criticism from environmental groups who argue the 2040 deadline is too distant. Meanwhile, oilsands operators continue to push for the complete removal of carbon pricing.
