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Congratulations, Alberta, for agreeing to a 600% increase to your effective industrial carbon price cost! Mark Carney: "In its core (MOU) is tightening the tier system which is the industrial carbon tax system here in Alberta to a level of at least $130 with pass price from there. What... show more

Kirk Lubimov

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📢 PM Mark Carney is in Calgary & he just said this about the Industrial Carbon Tax in Alberta "At its core, it's tightening the TIER system which is the industrial carbon price system here in Alberta. To a level of at least $130 with a pass price from there What does that mean? It means more than a six times increase in the industrial price of carbon, from its effective level which is much lower, than the headline level, the effective level, to the level that's committed to in the agreement... ...It creates the conditions for this big investment in the Pathways Project, the largest in the world, which will have huge reductions in emissions, the equivalent of taking more than 90% of the cars and trucks off the road here in Alberta in the first phase of that project... ...We are going to get to our greenhouse gas objectives, our climate objectives, only through massive investment."

📢 PM Mark Carney is in Calgary & he just said this about the Industrial Carbon Tax in Alberta "At its core, it's tightening the TIER system which is the industrial carbon price system here in Alberta. To a level of at least $130 with a pass price from there What does that mean? It means more than a six times increase in the industrial price of carbon, from its effective level which is much lower, than the headline level, the effective level, to the level that's committed to in the agreement... ...It creates the conditions for this big investment in the Pathways Project, the largest in the world, which will have huge reductions in emissions, the equivalent of taking more than 90% of the cars and trucks off the road here in Alberta in the first phase of that project... ...We are going to get to our greenhouse gas objectives, our climate objectives, only through massive investment."

Kris Sims

23,122 Aufrufe • vor 9 Monaten

This part of the Alberta - Mark Carney MOU that drives up the real cost of compliance, which Carney boasts will increase by 6x. "In its core, is tightening the TIER system which is the industrial carbon tax price system here in Alberta...it means more than 6 times increase in the price of industrial price of carbon from its effective level." Effective Price is the actual number that hits the operating expense the hardest and impacts the balance sheet. I guarantee you every company's accounting department are now doing calculations and any future investment decision in Alberta will have this in their decision-making. The MOU's whole point on the industrial carbon tax is the convergence of the Headline Price-Effective Price-Floor Price. This is what ensures that companies pay the highest costs, with a slight gap for functional gap to trade credits. With the reduction in the "free" emissions allowance by 2% annually, creates a double whammy that has significant and mandatory increase in the cost of doing business in Alberta. This is the foundational part of the financial engineering mechanism behind carbon trade based system the Mark Carney has been drooling to implement for years. Every dollar on this doesn't go towards company's core business; such as drilling, doesn't go towards paying down debt or returning capital to shareholders. It forces companies to spend $ and send $ to projects that may be completely uneconomical and less productive, such as Carbon Capture etc. UCP just agreed to the biggest cost increase and red tape for our industries in Alberta's history.

This part of the Alberta - Mark Carney MOU that drives up the real cost of compliance, which Carney boasts will increase by 6x. "In its core, is tightening the TIER system which is the industrial carbon tax price system here in Alberta...it means more than 6 times increase in the price of industrial price of carbon from its effective level." Effective Price is the actual number that hits the operating expense the hardest and impacts the balance sheet. I guarantee you every company's accounting department are now doing calculations and any future investment decision in Alberta will have this in their decision-making. The MOU's whole point on the industrial carbon tax is the convergence of the Headline Price-Effective Price-Floor Price. This is what ensures that companies pay the highest costs, with a slight gap for functional gap to trade credits. With the reduction in the "free" emissions allowance by 2% annually, creates a double whammy that has significant and mandatory increase in the cost of doing business in Alberta. This is the foundational part of the financial engineering mechanism behind carbon trade based system the Mark Carney has been drooling to implement for years. Every dollar on this doesn't go towards company's core business; such as drilling, doesn't go towards paying down debt or returning capital to shareholders. It forces companies to spend $ and send $ to projects that may be completely uneconomical and less productive, such as Carbon Capture etc. UCP just agreed to the biggest cost increase and red tape for our industries in Alberta's history.

Kirk Lubimov

19,211 Aufrufe • vor 3 Monaten

Mark Carney previews the agreement with Alberta that is based on the MOU and his green ideologies. "Alberta has committed to reduce methane emissions by 75% over the next decade. We'll announce tomorrow an implementation agreement which includes strengthening industrial carbon pricing to send clear investment signals and to reward decarbonization. This is essential to our clean electricity agenda. To create the conditions to build the clean grid of the future, we need a carbon pricing market that actually works." This has the potential to increase the effective rate of industrial carbon tax in Alberta by 600%.

Mark Carney previews the agreement with Alberta that is based on the MOU and his green ideologies. "Alberta has committed to reduce methane emissions by 75% over the next decade. We'll announce tomorrow an implementation agreement which includes strengthening industrial carbon pricing to send clear investment signals and to reward decarbonization. This is essential to our clean electricity agenda. To create the conditions to build the clean grid of the future, we need a carbon pricing market that actually works." This has the potential to increase the effective rate of industrial carbon tax in Alberta by 600%.

Kirk Lubimov

14,114 Aufrufe • vor 3 Monaten

"It means more than a 6 times increase in the industrial price of carbon." Hidden in Mark Carney's pipeline deal with Premier Danielle Smith is a massive hike in the carbon tax on Alberta. It's easy to see where this is heading — no pipeline through BC will get built, but the Federal government will be collecting more taxes from Alberta. What a scam!

"It means more than a 6 times increase in the industrial price of carbon." Hidden in Mark Carney's pipeline deal with Premier Danielle Smith is a massive hike in the carbon tax on Alberta. It's easy to see where this is heading — no pipeline through BC will get built, but the Federal government will be collecting more taxes from Alberta. What a scam!

Bret 🍁

70,646 Aufrufe • vor 9 Monaten

Listen carefully because Mark Carney is explain how massive the carbon tax increase with the artificial floor they are creating and the Alberta MOU agreed to it; "Theoretically, the carbon price is over a hundred dollars right now. But the carbon price in, in the actual markets fell to about twenty dollars. The gap between what was the objectives, what was said, what was legislated, and what was happening was enormous. We're shifting the approach to make sure there isn't a gap." 5X+ effective increase in carbon taxes❗️

Listen carefully because Mark Carney is explain how massive the carbon tax increase with the artificial floor they are creating and the Alberta MOU agreed to it; "Theoretically, the carbon price is over a hundred dollars right now. But the carbon price in, in the actual markets fell to about twenty dollars. The gap between what was the objectives, what was said, what was legislated, and what was happening was enormous. We're shifting the approach to make sure there isn't a gap." 5X+ effective increase in carbon taxes❗️

Kirk Lubimov

29,443 Aufrufe • vor 1 Monat

Carney: Before negotiating with the Alberta government the industrial carbon tax was $20/tonne. Now, Carney says it will be “six and a half times that price” by 2040. Brace for big industrial carbon tax hikes.

Carney: Before negotiating with the Alberta government the industrial carbon tax was $20/tonne. Now, Carney says it will be “six and a half times that price” by 2040. Brace for big industrial carbon tax hikes.

Franco Terrazzano

44,002 Aufrufe • vor 3 Monaten

Ottawa & Alberta are about to check off another major commitment from the oil pipeline MOU Alberta is set to increase their effective industrial carbon tax to $130 per tonne by 2040 but that's below what other provinces are set to pay, frustrating BC's Premier #cdnpoli

Ottawa & Alberta are about to check off another major commitment from the oil pipeline MOU Alberta is set to increase their effective industrial carbon tax to $130 per tonne by 2040 but that's below what other provinces are set to pay, frustrating BC's Premier #cdnpoli

Mackenzie Gray

17,487 Aufrufe • vor 3 Monaten

This is the financial engineering Mark Carney is structuring Canada into. In British Columbia, the agreement with them, annouced the development of National Carbon Credit Framework. "There is no realistic solution to the climate transition that does not involve a globally coordinated system of carbon taxes. There's no realistic or fair solution that does not involve a globally coordinated system of carbon taxes. What we need is a system of carbon taxes coupled with subsidies for vulnerable households and a stream of funding for the developing world." The Alberta MOU, with its carbon taxes increaes, net zero targers, and carbon capture is what established Mark Carney the win to build this WEF playbook on.

This is the financial engineering Mark Carney is structuring Canada into. In British Columbia, the agreement with them, annouced the development of National Carbon Credit Framework. "There is no realistic solution to the climate transition that does not involve a globally coordinated system of carbon taxes. There's no realistic or fair solution that does not involve a globally coordinated system of carbon taxes. What we need is a system of carbon taxes coupled with subsidies for vulnerable households and a stream of funding for the developing world." The Alberta MOU, with its carbon taxes increaes, net zero targers, and carbon capture is what established Mark Carney the win to build this WEF playbook on.

Kirk Lubimov

19,748 Aufrufe • vor 1 Monat

This will break Canada. Mark Carney announcing with his new pipeline "deal" increasing effective industrial carbon tax in Alberta by 6x. No mention of the economy or creating jobs... just net zero.

This will break Canada. Mark Carney announcing with his new pipeline "deal" increasing effective industrial carbon tax in Alberta by 6x. No mention of the economy or creating jobs... just net zero.

Moose on the Loose

40,375 Aufrufe • vor 9 Monaten

No, Danielle. There is no negotiations on the level of industrial carbon tax. You agreed to a *minimum* of $130/tonne. Danielle Smith: "We going to be negotiating that on April 1st, we have to make sure it's at a level that is going to continue to keep our projects and our market competitive." The agreement *has* to be done on April 1st or before. That's the deadline and you agreed to pay a *minimum* much higher industrial carbon tax across our whole industries that will see a 600% increase in effective pricing costs. That MOU already made all of Alberta's industries less competitive and using UN/WEF policies to rationalize it is highly insulting.

No, Danielle. There is no negotiations on the level of industrial carbon tax. You agreed to a minimum of $130/tonne. Danielle Smith: "We going to be negotiating that on April 1st, we have to make sure it's at a level that is going to continue to keep our projects and our market competitive." The agreement has to be done on April 1st or before. That's the deadline and you agreed to pay a minimum much higher industrial carbon tax across our whole industries that will see a 600% increase in effective pricing costs. That MOU already made all of Alberta's industries less competitive and using UN/WEF policies to rationalize it is highly insulting.

Kirk Lubimov

55,171 Aufrufe • vor 9 Monaten

Carney says his industrial carbon tax is crucial to Canada's economy because a "requirement" to trade with the UK, EU and Asia is to have a "price on carbon."

Carney says his industrial carbon tax is crucial to Canada's economy because a "requirement" to trade with the UK, EU and Asia is to have a "price on carbon."

Rebel News

508,121 Aufrufe • vor 1 Jahr

PM Carney says Ottawa will align industrial carbon tax benchmarks with Alberta's agreement across provinces. The move comes amid industry pushback over competitiveness concerns in the energy sector. Alberta's industrial carbon tax is set to rise to $130/tonne by 2040.

PM Carney says Ottawa will align industrial carbon tax benchmarks with Alberta's agreement across provinces. The move comes amid industry pushback over competitiveness concerns in the energy sector. Alberta's industrial carbon tax is set to rise to $130/tonne by 2040.

Juno News

12,313 Aufrufe • vor 3 Monaten

Mark Carney confirms that industrial carbon tax isn't going anywhere and that it will be a major strategy of his gov: "In the future we will strengthen tax credits to spur more investment in clean energy...we will be keeping the industrial carbon tax and we need to improve operations of these markets...there will be a competitiveness strategy and policy in carbon taxation at the same time a major strategy." New lipstick on the pig is coming which will result in more red tape for business investment & operations just like he admitted the EV mandate is causing.

Mark Carney confirms that industrial carbon tax isn't going anywhere and that it will be a major strategy of his gov: "In the future we will strengthen tax credits to spur more investment in clean energy...we will be keeping the industrial carbon tax and we need to improve operations of these markets...there will be a competitiveness strategy and policy in carbon taxation at the same time a major strategy." New lipstick on the pig is coming which will result in more red tape for business investment & operations just like he admitted the EV mandate is causing.

Kirk Lubimov

200,087 Aufrufe • vor 11 Monaten

Future proofing our oil&gas industry with carbon tax? Apparently, Danielle Smith & Mark Carney agree. Minister of Energy and Natural Resources Tim Hodgson: "The Premier said it is important to have a carbon price so that we can help future-proof the industry in Alberta." What!

Future proofing our oil&gas industry with carbon tax? Apparently, Danielle Smith & Mark Carney agree. Minister of Energy and Natural Resources Tim Hodgson: "The Premier said it is important to have a carbon price so that we can help future-proof the industry in Alberta." What!

Kirk Lubimov

19,231 Aufrufe • vor 4 Monaten

Poilievre says he will end ALL carbon taxes, including the industrial carbon tax. Poilievre is the only party leader committed to ending ALL carbon taxes. Carney wants to hammer businesses with hidden carbon taxes, which means higher prices and fewer jobs.

Poilievre says he will end ALL carbon taxes, including the industrial carbon tax. Poilievre is the only party leader committed to ending ALL carbon taxes. Carney wants to hammer businesses with hidden carbon taxes, which means higher prices and fewer jobs.

Franco Terrazzano

32,183 Aufrufe • vor 1 Jahr

WATCH: Vassy Kapelos asks Julie Dabrusin if the industrial price on carbon—a component of the Ottawa-Alberta MOU—will reach $130 per tonne by 2030. Listen to her response below. #cdnpoli #ctvpp More:

WATCH: Vassy Kapelos asks Julie Dabrusin if the industrial price on carbon—a component of the Ottawa-Alberta MOU—will reach $130 per tonne by 2030. Listen to her response below. #cdnpoli #ctvpp More:

CTV Power Play

12,164 Aufrufe • vor 5 Monaten

EXPLOSIVE: David Eby just accidentally exposed the entire carbon tax scam. He admitted lowering Alberta’s industrial carbon price would make other provinces “uncompetitive.” Read that again. That means the federal industrial carbon tax is ALREADY making Canada uncompetitive globally. The entire justification just collapsed in real time. The U.S. ZZERO carbon pricing. Europe is backtracking. Countries around the world are prioritizing affordability, energy security and industry. Meanwhile Canada is still marching toward a $170/ton industrial carbon tax while our investment, jobs and capital flee the country. David Eby didn’t just throw Mark Carney under the bus… He drove the whole net zero narrative straight OFF A CLIFF.

EXPLOSIVE: David Eby just accidentally exposed the entire carbon tax scam. He admitted lowering Alberta’s industrial carbon price would make other provinces “uncompetitive.” Read that again. That means the federal industrial carbon tax is ALREADY making Canada uncompetitive globally. The entire justification just collapsed in real time. The U.S. ZZERO carbon pricing. Europe is backtracking. Countries around the world are prioritizing affordability, energy security and industry. Meanwhile Canada is still marching toward a $170/ton industrial carbon tax while our investment, jobs and capital flee the country. David Eby didn’t just throw Mark Carney under the bus… He drove the whole net zero narrative straight OFF A CLIFF.

Marc Nixon

189,443 Aufrufe • vor 3 Monaten

🌹🛢️🇨🇦🤡 : Alberta Premier agrees to sign an agreement with Mark Carney that will increase the industrial carbon tax in Alberta, over several years. No pipeline project will been agreed upon until at least September 2027 & that doesn't include the BC First Nations & the BC NDP agreeing. How can a pipeline get private investors when yesterday Mark Carney said oil and gas will be phased out in Canada? Carney also said any oil and gas not phased out will be forced to pay a substantially increased carbon offset fee. Danielle Smith has sold out Alberta.

🌹🛢️🇨🇦🤡 : Alberta Premier agrees to sign an agreement with Mark Carney that will increase the industrial carbon tax in Alberta, over several years. No pipeline project will been agreed upon until at least September 2027 & that doesn't include the BC First Nations & the BC NDP agreeing. How can a pipeline get private investors when yesterday Mark Carney said oil and gas will be phased out in Canada? Carney also said any oil and gas not phased out will be forced to pay a substantially increased carbon offset fee. Danielle Smith has sold out Alberta.

Bruce McGonigal

48,756 Aufrufe • vor 3 Monaten

Poilievre "Mark Carney is trying to distract from yesterday's lie by going to a steel plant where he's announcing a bigger industrial carbon tax." "Carney agrees with Trump. He wants to tax Canadian industry. Carney wants to do it with carbon taxes." "A carbon tax he wants to apply to the fertilizer that grows our food, to the aluminum, to all the other metals we make, to the cement and concrete and all the industrial products that are literally the backbone of our country." "He's going to effectively impose a Canadian tariff on Canadian industry." Pierre Poilievre

Poilievre "Mark Carney is trying to distract from yesterday's lie by going to a steel plant where he's announcing a bigger industrial carbon tax." "Carney agrees with Trump. He wants to tax Canadian industry. Carney wants to do it with carbon taxes." "A carbon tax he wants to apply to the fertilizer that grows our food, to the aluminum, to all the other metals we make, to the cement and concrete and all the industrial products that are literally the backbone of our country." "He's going to effectively impose a Canadian tariff on Canadian industry." Pierre Poilievre

cbcwatcher

51,470 Aufrufe • vor 1 Jahr