Canada, Alberta Set $130/t Carbon Price, 75Mt

Prime Minister Mark Carney and Alberta Premier Danielle Smith announced an agreement to diversify exports, cut emissions, and boost the economy.
The deal sets carbon price $130/t by 2040, with $115/t by 2030, $130/t by 2035, and $140/t headline by 2040.
Canada and Alberta will issue 75 million tonnes of Carbon CFDs, aim to double the grid by 2050 with nuclear, wind, solar, geothermal.
The Pathways carbon capture project tied to a bitumen pipeline could cut 16 Mt emissions, generate $16.5 bn GDP and up to 43,000 jobs.