Alberta and Canada to Increase Industrial Carbon Price by 2040

The Alberta and Canada governments are nearing the completion of an agreement to increase the province's industrial carbon price to C$130 per metric ton by 2040. Bloomberg posted on X, highlighting this as a significant move towards securing federal backing for a new crude pipeline extending to the Pacific coast. This development marks a crucial step in aligning provincial and federal environmental policies, aiming to reduce carbon emissions and support sustainable energy infrastructure.