Alberta Freezes Industrial Carbon Price Amid U.S. Tariffs

Alberta is freezing its industrial carbon price at $95 per tonne in response to rising costs and uncertainty caused by U.S. tariffs. The move is meant to protect jobs and keep sectors like oil and gas, manufacturing, and forestry competitive. The price was set to rise in coming years, but the province says businesses need stability. Alberta’s TIER system, in place since 2007, funds clean tech projects while keeping emissions reductions industry-led. Officials say the freeze supports jobs without sacrificing progress on clean energy.