A new memorandum of understanding between Ottawa and Alberta aims to fast track a crude oil pipeline to the West Coast. However, the deal ties pipeline approval to the Pathways CCUS project, making carbon capture a requirement for the infrastructure to proceed. Industry critics argue that rising carbon prices, projected to reach 130 dollars per tonne by 2035, create financial risks for investors. The agreement highlights a tension between Canada's desire for energy exports and its commitment to strict decarbonization targets.
