Tag: Carbon Competitiveness Incentives
CAPP: Alberta climate plan puts jobs, investment, emission goals at risk
“This plan doesn’t – only pit companies against each other, but communities as well.” – McMillan By Tim McMillan, president and CEO of the Canadian Association of Petroleum Producers We share Alberta’s desire to reduce emissions while protecting jobs and ensuring the competitiveness of the energy sector. However, the government’s model, as presented last week, […]
Oil companies cautious, Pembina supportive of new Alberta plan to lower GHGs from large emitters
Average cost of Carbon Competitiveness Incentives will be $.50/b and 92-95% of production will pay under $1/b – Pembina The Alberta government released the Carbon Competitiveness Incentives (its replacement for the large emitter program) this week and thus far industry continues to worry about higher costs in a low price environment, while carbon pricing supporters praised […]
Alberta’s new Carbon Competitiveness Incentives program ‘makes too much sense’ – economist
Replacement for large emitter tax is combination of carbon levy, output-based allocations, $1.4 billion innovation fund After months of consultations and public hints, the Alberta government finally unveiled the Carbon Competitiveness Incentives program. This is big news for the provincial oil patch, but will also after other industries like cement production, chemical manufacturing, and electricity […]
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