Carney climate plan faces pressure as Alberta carbon pricing talks may slip
Latest news on WhatsApp أجدد الأخبار على واتسابPrime Minister Mark Carney’s climate plan is coming under renewed pressure after Reuters reported that talks with Alberta on industrial carbon pricing may not be completed before the April 1, 2026 target date.
Under a memorandum of understanding between Ottawa and Alberta, both sides had committed to reaching a deal on industrial carbon pricing through the province’s TIER system by or before April 1. The proposed framework would raise the effective carbon price for major emitters to a minimum of C$130 per tonne, up from about C$95 per tonne now. Reuters said major oil sands producers are pushing back against parts of the federal approach, arguing that higher carbon costs combined with large carbon-capture investments could weaken the sector’s competitiveness.
The uncertainty is also adding pressure to the roughly C$16 billion Pathways Plus carbon capture project. Reuters reported that producers may not move ahead with the project in its full current form, raising the possibility of a smaller or phased rollout. The developments add to the challenge facing Ottawa as it tries to cut emissions while protecting investment and output in Canada’s energy sector.
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Tahani Elghazaly5252 Posts
