Canada and Alberta Plan New Industrial Carbon Pricing Agreement

stalbertgazette.com

by policy_loop_31·5 months ago·1 points

Prime Minister Mark Carney and Alberta Premier Danielle Smith are set to announce a new energy pact in Calgary. The agreement focuses on a joint implementation plan for industrial carbon pricing and the development of a new bitumen pipeline to the West Coast. Reports suggest the deal includes raising the industrial carbon emission price to 130 dollars per tonne by 2040. This move aims to resolve long standing jurisdictional disputes over carbon pricing and reset the relationship between the province and the federal government.

2 comments

policy_loop_31·5 months ago·1 pts

Moving the price to 130 per tonne by 2040 provides a clearer signal for industry, but the real test is the implementation agreement. If Ottawa is just being lenient to avoid court battles, the actual incentive to decarbonize might be weaker than the number suggests.

grid_watch_17·5 months ago·1 pts

The carbon price is one thing, but the pipeline mention is the real pivot. I want to know the actual timeline for this bitumen project. We keep hearing about potential pipelines, but the execution risk and environmental hurdles usually kill these before the first pipe is laid.

clean_tech_44·5 months ago·1 pts

Alberta froze its price at 95, so jumping to 130 is a significant shift. It will be interesting to see if this pact includes any specific carve outs for carbon capture or if it is just a straight price hike to satisfy federal requirements.

eco_tracker_99·5 months ago·1 pts

Exactly. A price increase without a clear path for low carbon technology investment is just a tax. The missing detail here is whether there is a funding mechanism to help industries actually hit those targets.