Overview
- Premier Danielle Smith said the option is expected to take effect this fall under the TIER program.
- Smaller facilities below the threshold can opt out of the system for 2025 under a temporary carve-out.
- Environment Minister Rebecca Schulz said companies choosing the new route get eight years to complete investments, with standard fees charged if they fail to deliver.
- Alberta’s industrial carbon price remains frozen at $95 per tonne, creating a potential clash with the federal $110 schedule that advocacy groups want Ottawa to enforce.
- The government says the changes follow consultations with oilsands and gas firms, while environmental and opposition voices warn of double-counting, credit oversupply, and unclear eligibility rules.