Alberta carbon price to double; updated climate change policy pending

摘要

Environment and Parks Minister Shannon Phillips has announced that the existing $15/tonne levy on carbon will increase to $20/tonne next year and $30/tonne in 2017. Under the updated rules, any facility that emits 100,000 tonnes or more of greenhouse gases a year must reduce their emissions intensity. Current legislation, introduced by the previous government, requires emissions to be reduced by 12 per cent. Effective Jan. 1, 2016, the new Alberta government has raised the reduction targets to 15 per cent with an additional increase to 20 per cent as of Jan. 1, 2017.