Canada May Lower Industrial Carbon Pricing for Alberta
nationalobserver.comThe Canadian federal government is reportedly negotiating a deal with Alberta to lower and delay industrial carbon pricing. The proposed agreement would set the carbon price at 130 dollars per tonne by 2040, a significant decrease from the previous national target of 170 dollars by 2030. This policy shift could undermine Canada's 2030 and 2035 emissions targets. Experts warn that weakening the price signal in Alberta, the country's highest emitting province, may lead other provinces to demand similar concessions, further slowing the transition to a low carbon economy.
