Carney, Smith confirm energy announcement coming Friday
The plan would raise Alberta’s industrial carbon price to $130 per tonne by 2040 and advance a new West Coast bitumen pipeline.
- On Friday, Prime Minister Mark Carney and Alberta Premier Danielle Smith announced an implementation agreement in Calgary, setting an industrial carbon price of $130 per tonne by 2040 and advancing a West Coast pipeline under their energy pact.
- A 2021 court ruling required equal carbon pricing treatment across jurisdictions, prompting the agreement; Alberta froze its price at $95 per tonne last year, and both governments committed via memorandum to advance the pipeline.
- The headline price reaches $100 per tonne by 2027, rising to $130 by 2035, distinct from the effective market price and allowing companies to accumulate credits for emission compliance while revenue funds emissions reduction technology.
- ATCO CEO Nancy Southern said the plan is "something we can prepare for," while former federal environment minister Catherine McKenna criticized the schedule, arguing it "seems that our entire climate plan is being dismantled because of demands by Alberta's reckless Premier Danielle Smith."
- Smith called the announcement another step toward resetting Alberta's relationship with Ottawa, as the pact aims to address the province's separatist movement and counter industry concerns about Canada's competitive disadvantage in carbon pricing.
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38 Articles
Carney and Smith set to make energy announcement; carbon price deal expected
Prime Minister Mark Carney and Alberta Premier Danielle Smith will meet today in Calgary, where they're expected to announce an agreement on the future of industrial carbon emission pricing in the province.
CALGARY—Prime Minister Mark Carney and his Alberta counterpart, Danielle Smith, will meet Friday in Calgary, where they will announce an agreement on the future of industrial carbon pricing in the province. A source close to the discussions told The Canadian Press that the leaders should announce a plan [...]
Carney, Smith set to make energy announcement; carbon price deal expected
Prime Minister Mark Carney and Alberta Premier Danielle Smith are to meet today in Calgary, where they’re expected to announce an agreement on the future of industrial carbon emission pricing in the province.
Premier Mark Carney and Alberta Premier Danielle Smith announced on Friday that they would unveil the next stage of their historic energy agreement in Calgary.
The Toronto Star
Carney, Smith confirm energy announcement coming Friday
CALGARY - Prime Minister Mark Carney and Alberta Premier Danielle Smith say they'll be in Calgary on Friday to announce the next step in their landmark energy pact.
Carney is in Calgary to sign energy deal with Smith
Calgary – Prime Minister Mark Carney is in Calgary today for meetings with Alberta Premier Danielle Smith, where the two leaders are expected to announce a new agreement focused on energy cooperation and economic development. The deal builds on the memorandum of understanding signed by Alberta Premier Danielle Smith and Prime Minister Mark Carney last November, and was signed by ... Read More The post Carney in Calgary: Sign pipeline, carbon pri…
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