Alberta supports Conservatives' plan to remove federal carbon pricing

Alberta Premier Danielle Smith has praised a Conservative Party promise to eliminate the federal carbon pricing system for industries if they win the next federal election. She supports Conservative Leader Pierre Poilievre's commitment, believing that provinces should have authority over their industrial emissions. Alberta has had its own industrial carbon pricing since 2007, making it the first place in North America to do so. This system was created separately from a consumer-level carbon tax, which was introduced and later repealed. Currently, Alberta’s system remains intact despite changes over the years. Poilievre aims to repeal the federal carbon pricing law, allowing provinces to set their own industrial policies. Large-scale emitters in Alberta, such as oilsands facilities and power plants, already face carbon pricing based on their emissions above certain benchmarks. This system allows for flexibility, as low-emission facilities can sell credits to heavier polluters. The funds collected from the carbon pricing are used to support projects that reduce emissions and promote job creation in Alberta. Smith and other leaders have expressed support for the industrial pricing system, highlighting its success in reducing emissions. If the federal backstop is removed, Alberta may adjust its carbon pricing policy. Environment Minister Rebecca Schulz stated that feedback from industry will be considered in future tweaks. However, some, like Alberta NDP Leader Naheed Nenshi, worry that eliminating the industrial pricing system would harm both the environment and the economy. Economists have suggested that even if the federal system is scrapped, Alberta might maintain its pricing system but could weaken its efficiency. Poilievre has also proposed expanding tax credits for lower-emission products, which critics argue could shift the cost of emissions reductions onto taxpayers rather than polluters. Federal officials have expressed concerns that Poilievre's plan could hinder Canada’s competitiveness in a global market that increasingly values decarbonization.