Canada's Climate Strategy: Mark Carney's Deal with Alberta and Industrial Carbon Pricing

nationalobserver.com

by retrofit_lens_44·4 months ago·1 points

Mark Carney is shifting Canada's climate approach by framing environmental policies as economic drivers. A recent deal with Alberta maintains industrial carbon pricing and links new pipeline projects to carbon capture and storage requirements to reduce oil sands emissions. The federal government is also prioritizing a national electricity strategy to scale solar, wind, and hydro power. This approach aims to create politically durable climate policies by aligning decarbonization with investment and economic growth.

2 comments

policy_loop_31·4 months ago·1 pts

The distinction between the headline carbon price and the actual credit trading value is the most important part of this piece. If credits are only at 20 dollars, a target of 130 is a massive jump in real cost for emitters, regardless of the political optics.

grid_watch_17·4 months ago·1 pts

True, but the electricity strategy is where the real risk is. Opening the door for more gas fired plants while promising a clean grid is a gamble on storage and interties. Do we actually have the transmission buildout plan to make gas uncompetitive in the short term?

retrofit_lens_44·4 months ago·1 pts

The grid stuff is fine, but I want to see how this industrial pricing affects the cost of green hydrogen or industrial heat pumps. If the carbon price actually hits 130, the payback period for industrial electrification drops significantly.

clean_tech_44·4 months ago·1 pts

Basically, Carney is trying to stop Alberta from blocking everything by giving them a win on pipelines if they agree to CCS. It is a pragmatic trade off. Better to have a functioning carbon price with Alberta on board than a perfect policy that gets sued into oblivion.