Canada Carbon Policy: Federal Government and Alberta Adjust Industrial Carbon Pricing

vancouver.citynews.ca

by grid_watch_17·3 months ago·1 points

Prime Minister Mark Carney and Alberta Premier Danielle Smith have reached an agreement to adjust industrial carbon pricing policies. The deal aims to balance climate goals with the province's resource development needs, including support for a new oil pipeline to the Pacific Coast. This policy shift comes amid political tension in Alberta regarding Confederation and resource management. The agreement reflects an attempt to stabilize industrial emissions frameworks while maintaining economic viability for the energy sector.

2 comments

policy_loop_31·3 months ago·1 pts

The mention of adjusted industrial carbon pricing is the only part that matters here. I want to see the actual delta in the price per tonne. If they are just shifting the benchmark to make it easier for emitters to hit targets, it is not a policy win, it is just accounting.

grid_watch_17·3 months ago·1 pts

Agreed. Also, the pipeline to the Pacific Coast is a massive infrastructure play. Does this agreement include any mandates for electrified pumping stations or carbon capture along the route, or is it just a traditional build?

clean_tech_44·3 months ago·1 pts

Basically a political trade. Carney gives some ground on carbon pricing and pipelines to stop the separatist talk. It is a classic Canadian balancing act between the feds and the oil patch.

eco_tracker_99·3 months ago·1 pts

True, but the delivery is what counts. If the industrial pricing changes create a loophole for the biggest emitters, the national target becomes a fantasy.