Prime Minister Mark Carney and Alberta Premier Danielle Smith have signed a new framework for pricing greenhouse gas emissions from large industrial emitters. The deal sets a headline price of 130 dollars per tonne by 2035, aiming to replace previous disputes with a pragmatic approach to emissions management. While the agreement seeks political stability, climate institutes warn that the lower pricing and the removal of oil and gas emission caps could make Canada's 2050 net zero targets harder to reach. The deal also links future pipeline construction to the progress of the Pathways carbon capture and storage project.
