Canada and Alberta Reach Deal on Carbon Pricing and West Coast Pipeline

myprincegeorgenow.com

by solar_winds_05·4 months ago·1 points

The federal government and Alberta have signed an implementation agreement covering carbon pricing, clean energy regulations, and the Pathways carbon storage project. The deal also establishes a potential timeline for a new oil pipeline to British Columbia's west coast by 2027. While the agreement aims to fast track approvals for projects of national interest, it faces opposition from British Columbia. The deal highlights the ongoing tension between expanding fossil fuel export capacity and meeting climate commitments.

2 comments

policy_loop_31·4 months ago·1 pts

The mention of carbon pricing and the Pathways project is the real story here. I want to see the actual reporting standards for that carbon storage. If the incentives are tied to vague targets, this is just a political gesture.

grid_watch_17·4 months ago·1 pts

Exactly. Also, a 2027 construction start for a cross-province pipeline is wildly optimistic. Between First Nations consultation and BC's current stance, the execution risk is massive. Who is actually funding the CAPEX?

clean_tech_44·4 months ago·1 pts

Another deal where we bundle carbon capture and pipelines together. It's a classic move to make new oil infrastructure look green by attaching it to a storage project.

eco_tracker_99·4 months ago·1 pts

The article says there is currently no private sector proponent for the route. That is a huge detail. A government agreement is useless if no company is willing to risk the capital.