Canada and Alberta Near Deal on Industrial Carbon Pricing
townandcountrytoday.comThe Canadian federal government and Alberta are finalizing an industrial carbon pricing agreement. The deal proposes a headline price of 100 dollars per tonne by 2027, rising to 130 dollars by 2035, with an effective market price target of 130 dollars by 2040. This framework is more lenient than the current federal backstop, which targets 170 dollars per tonne by 2030. The agreement highlights the gap between government compliance fees and the actual market price of carbon credits used by industrial emitters.
