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Timothy Smith

10/04/15 1:57 PM

#10866 RE: FreeNorth #10864

Notley admitted Alberta would be squeezed to fight climate change while protecting jobs in the oil patch at a time of low energy prices. “It’s a bit of a conundrum,” she said.

You can say that again..

DewDiligence

11/12/15 9:07 PM

#11344 RE: FreeNorth #10864

Canada’s oilsands producers face new problem—higher carbon taxes:

http://www.wsj.com/articles/canadas-oil-producers-brace-for-latest-test-higher-carbon-taxes-1447348559

Canadian oil producers, pummeled by the prolonged slump in oil prices and a string of political setbacks, now face another challenge: higher carbon taxes.

…ahead of a United Nations climate-change conference in Paris starting Nov. 30, oil companies await the details of moves—including possible new taxes on carbon—pledged by new governments in Ottawa and Alberta to rein in greenhouse-gas emissions, making the oil sands a global test case for climate policy.

…Within weeks of taking power in May, Alberta Premier Rachel Notley’s government said it would double Alberta’s existing tax on carbon emissions by 2017, and has committed to additional measures in time for the U.N. conference in Paris. Ms. Notley is expected to release details of the proposals later this month. Alberta pioneered carbon taxes in 2007 when it introduced a levy of 15 Canadian dollars ($11.37) a metric ton.

“Canada’s years of being a less-than-enthusiastic actor on the climate-change file are behind us,” Prime Minister Justin Trudeau, who took office last week, said at a news conference on Oct. 20, the day after his Liberal Party won national elections. Mr. Trudeau promised to start working on a framework for regulating greenhouse-gas emissions within 90 days of the Paris summit.