Carney, Smith announce carbon price deal for Alberta

Prime Minister Mark Carney and Alberta Premier Danielle Smith are meeting in Calgary today to announce an agreement on the future of industrial carbon emission pricing in the province. According to sources, the leaders will reveal a plan for Alberta to raise its emission price to $130 per tonne by 2040, up from the current freeze at $95 per tonne set last year. The agreement follows a memorandum of understanding signed in November committing both governments to several steps on emissions policy.