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yesterday

Ottawa–Alberta Energy Pact Draws Fresh Analysis and Pushback

A new report projects a surge in low‑carbon investment, setting a high bar for the deal’s promised balance between growth and emissions cuts.

The federal government is showing that it has not learned lessons from the costly Trans Mountain pipeline expansion, through its memorandum of understanding with Alberta that clears the path for new pipeline to the B.C. coast.
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Overview

  • The Clean Prosperity analysis estimates the agreement could unlock more than $90 billion for low‑carbon projects in Alberta and reduce annual emissions by over 70 megatonnes.
  • The memorandum lays groundwork for a potential West Coast oil pipeline and links any expansion to cutting oil‑sands emissions through CCUS, including the Pathways proposal.
  • The deal includes a commitment for Alberta to lift its industrial carbon price to at least $130 per tonne, with analysts highlighting the need for carbon‑market fixes such as carbon contracts for differences.
  • Two members of the federal Net‑Zero Advisory Body, Simon Donner and Catherine Abreu, resigned this week, following last week’s cabinet resignation of former environment minister Steven Guilbeault.
  • Critics in British Columbia and Coastal First Nations oppose a coastal pipeline push and argue the pact weakens climate policy, a view reflected in new commentary and opinion coverage.