Prime Minister Mark Carney and Alberta Premier Danielle Smith signed a new energy and pipeline agreement, which includes suspending clean electricity regulations in Alberta in exchange for the province increasing its industrial carbon price. The deal aims to facilitate the construction of one or more pipelines to export low-emission bitumen to Asian markets, while both governments remain committed to achieving net-zero emissions by 2025. Liberal cabinet minister Steven Guilbeault is contemplating his future within the government, considering his long-standing commitment to climate activism amid the deal’s implications. The agreement is seen as a step towards establishing Canada as a global energy superpower.
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