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Carney's Carbon Pricing Deal in Jeopardy

Published 1 week, 6 days ago
Description

In November 2025, Prime Minister Mark Carney and Alberta Premier Danielle Smith signed a memorandum of understanding for a new oil pipeline to Canadas west coast. Carney also pledged to revise climate policies to improve ties with Alberta and boost economic growth. However, negotiations for a tougher industrial carbon pricing deal with Alberta have stalled, and the full sixteen billion Canadian dollar Pathways Plus carbon capture project now seems unlikely. Despite challenges, both governments remain committed to balancing competitiveness, market diversification, and environmental goals.

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