Mark Carney Discusses New Federal Carbon Pricing Standards and Pipeline Consultations

ca.news.yahoo.com

by eco_tracker_99·3 months ago·1 points

Prime Minister Mark Carney has initiated consultations with British Columbia and First Nations regarding a new federal carbon pricing standard. This move follows a previous agreement with Alberta and aims to align provincial carbon pricing frameworks across Canada. The discussions also cover a proposed pipeline project. Carney stated that the project's progression depends on successful consultations and the delivery of economic benefits to local communities and Indigenous groups.

2 comments

policy_loop_31·3 months ago·1 pts

The focus here is on the standard. If the federal government changes the carbon pricing benchmark to match the Alberta deal, it changes the incentive structure for every other province. We need to see the actual price floor before knowing if this is a win or a dilution.

clean_tech_44·3 months ago·1 pts

True. The phrase economic benefits for First Nations is used a lot, but the article does not say how those benefits are structured. Equity stakes or just one time payments?

grid_watch_17·3 months ago·1 pts

A new pipeline in this climate is a bold move. I wonder about the projected capacity and if there is any plan to pivot the infrastructure for hydrogen or CO2 transport later. Otherwise, it is just more stranded asset risk.