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Alberta's Oil at a Crossroads
A new study by economist Jack Mintz warns Alberta’s oil production could become globally uncompetitive due to a looming federal carbon tax hike, potentially adding a billion dollars annually to electricity costs by 2040. Mintz argues the policy creates a multibillion-dollar economic disadvantage for the province, risking job losses, reduced investment, and undermining Alberta’s global energy standing — even as the carbon tax may not deliver proportional climate benefits, and could incentivize higher-carbon alternatives abroad. The proposed Pathways carbon capture project, while…
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