Canada and Alberta to Announce Industrial Carbon Pricing Agreement and Pipeline Plans

airdriecityview.com

by retrofit_lens_44·4 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 shared implementation plan for industrial carbon pricing and the potential development of a new bitumen pipeline to the West Coast. Reports indicate the deal may establish an industrial carbon emission price of 130 dollars per tonne by 2040. This move aims to resolve long standing tensions between the province and the federal government regarding carbon tax standards and jurisdictional treatment.

2 comments

policy_loop_31·4 months ago·1 pts

The 130 dollar target by 2040 is the key detail here. Moving from a frozen 95 dollar price to a scheduled climb gives industry a predictable cost curve, which is better than random political swings. I want to see if this includes specific benchmarks or just a flat price.

grid_watch_17·4 months ago·1 pts

Predictable pricing is fine, but the pipeline part is the real risk. We have seen these landmark pacts before. Does the plan actually account for the current transmission constraints or the actual demand for bitumen on the coast in 2040?

clean_tech_44·4 months ago·1 pts

Basically a trade. Ottawa gets a higher carbon price floor and Alberta gets a path to a new pipeline. It is a classic political compromise, but the industrial carbon price is the part that actually impacts the emissions math.