The headline price is what companies pay the Alberta government to reach compliance. The money goes into a general fund to invest in emissions reduction technology.Friday's agreement also sees Alberta commit to a minimum floor price for those credits beginning in 2030.
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Stop rewarding bad behaviour': B.C. premierWhile a potential route for a pipeline hasn't been finalized, it would have to go through British Columbia to reach tidewater on the West Coast.B.C. Premier David Eby, who has been a vocal opponent of a new pipeline to the coast, said the federal government is "rewarding bad behaviour" in light of a potential secessionist referendum brewing in Alberta."It cannot be the case that the projects that get prioritized in Canada are those where a premier threatens to leave the country," Eby said in a statement.Smith said Friday that she "supports sovereignty within a united Canada," adding that Friday's agreement is an indication that "the country can work better."WATCH | 'Aggressive timelines' show investors that Alberta and Canada are serious about a pipeline:
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Friday's agreement also sees Alberta commit to a minimum floor price for those credits beginning in 2030.The agreement appears to put Alberta's target below the national carbon price that is supposed to apply to all provinces and territories. The headline price was supposed to rise to $170 per tonne by 2030.During her news conference after the signing ceremony, Smith said the agreement on the carbon price means the industry will save "billions" in compliance costs. But she also characterized the agreement as "a pretty big concession" on Alberta's part."'If I had my druthers on what it would be set at, it would probably be somewhere around $50 a tonne," she told reporters."But those are the things we have to negotiate."
One thing that could still be improved is making sure every image has descriptive alt text for users to find information quickly.
Carbon price to riseAs CBC News and others reported earlier this week, the agreement also sets out a plan to increase the effective industrial carbon emissions price in Alberta to $130 per tonne by 2040, and the headline price to $140 by that time.Last year, Alberta froze its industrial carbon emission price at $95 per tonne.The difference between the effective carbon price and the headline price is the way in which companies accumulate credits to comply with their emission limits. The effective carbon price — the market price — is the price at which credits are bought and sold on the open market.
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this home page uses clear headings and sections, which makes it easier for users to scan through information and navigate the page.