Episode Details

Sticking Point: Canadas Carbon Tax Negotiations Heat Up

Prime Minister Mark Carney and Alberta Premier Danielle Smith are in a tense negotiation over increasing the industrial carbon tax. The deadline for a deal has passed, with disagreements on the pace of increase, rule strictness, and benchmark setting. Oil and gas leaders worry about Canadas competitive edge, while climate advocates stress the need for emissions cuts. Carney advocates for a competitive carbon market, and Alberta eyes a new pipeline for Asian buyers. Experts emphasize the importance of a strong system over a tight timeline.

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