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ARTICLE · 30 NOVEMBER 2015

Alberta Releases Climate Leadership Plan

Gowling WLG
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This timely announcement comes as Canada prepares for next week's UN Paris Conference.

CanadaEnvironment

On Nov. 22, 2015, Alberta Premier Rachel Notely made a much anticipated announcement about the future of Canada’s heaviest greenhouse gas emitter: a carbon tax is coming. Intended for implementation by 2017, the economy-wide carbon tax is set to have both provincial and national implications. Along with the tax, the Provincial government’s Climate Leadership Plan includes a cap on emissions from the oilsands, and a phase-out of coal-powered electricity generation. This timely announcement comes as Canada prepares for next week’s UN Paris Conference.

The Carbon Tax

The details of Alberta’s plan will unravel in the coming months but the Province has already received praise for setting the carbon tax at what many economists and environmentalists consider a reasonable level. Beginning in 2017, the tax will be set at $20 per tonne, rising to $30 in 2018 and followed by a 2% above inflation rate thereafter. The predicted result is an increase of gasoline prices by

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