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Alberta changing industrial carbon tax program to recognize company investments in emissions reduction
Alberta's revised carbon pricing system lets major emitters fund site-based emissions technology investments and smaller emitters opt out in 2025 to ease regulatory pressures.
- Alberta is changing its industrial carbon tax program to allow major emitters to account for investments in emissions reduction technology at their sites instead of paying into a provincial fund or buying carbon credits.
- The province will also allow smaller emitters that are part of the program to opt out of it this year to reduce regulatory burdens and reinvest the savings into emission reduction or other operational improvements.
- Premier Danielle Smith states that the changes to the Technology Innovation and Emissions Reduction program aim to bolster the competitiveness of Alberta's major industries, notably the oil sands.
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16 Articles
16 Articles
Alberta changing industrial carbon tax program to recognize company investments
The Alberta government is changing its industrial carbon tax program to let companies avoid paying provincial fees based on emissions by investing in their own emissions reduction projects instead.
·Canada
Read Full ArticleAlberta changing industrial carbon tax program to recognize company investments (Alberta)
The Alberta government is changing its industrial carbon tax program to let companies avoid paying provincial fees for emissions by investing in their own emissions reduction projects instead. Premier Danielle Smith told reporters Tuesday that the move, likely to come into effect this fall, would su...
·Kelowna, Canada
Read Full ArticleAlberta changing industrial carbon tax program to recognize company investments in emissions reduction
The Alberta government is changing its industrial carbon tax program to let companies avoid paying provincial fees based on emissions by investing in their own emissions reduction projects instead.
·Canada
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Total News Sources16
Leaning Left5Leaning Right1Center4Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 40%
Factuality
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