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OTTAWA/NEW YORK (Reuters) - Canada is pushing on several diplomatic fronts against the U.S. state of Michigan s efforts to close a cross-border oil pipeline, the second such dispute since Joe Biden became U.S. president in January, complicating the governments efforts to work together to lower carbon emissions.
The conflict over the aging but key pipeline highlights the disruptions caused by a global shift away from fossil fuels. Both governments are working to accelerate the energy transition, but their oil industries are interdependent, so a policy shift in one country can affect energy supply, and the political balance, in the other.
Frustrated Canada presses White House to keep Great Lakes oil pipeline open
By David Ljunggren, Nia Williams and Laura Sanicola
Reuters
OTTAWA/NEW YORK (Reuters) - Canada is pushing on several diplomatic fronts against the U.S. state of Michigan s efforts to close a cross-border oil pipeline, the second such dispute since Joe Biden became U.S. president in January, complicating the governments efforts to work together to lower carbon emissions.
The conflict over the aging but key pipeline highlights the disruptions caused by a global shift away from fossil fuels. Both governments are working to accelerate the energy transition, but their oil industries are interdependent, so a policy shift in one country can affect energy supply, and the political balance, in the other.
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It’s been four weeks since Canada’s top court ruled against Alberta and deemed the carbon tax constitutional.
That means the federal backstop plan is here to stay, for now. Under that plan, an Alberta family of four will get $981 back on their 2020 income taxes, and for most, that will be more than they paid through the carbon tax last year.
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Ottawa has set the price of carbon at $40 a tonne, and that will progressively grow to $170 by 2030.
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OTTAWA/NEW YORK Canada is pushing on several diplomatic fronts against the U.S. state of Michigan’s efforts to close a cross-border oil pipeline, the second such dispute since Joe Biden became U.S. president in January, complicating the governments’ efforts to work together to lower carbon emissions.
The conflict over the aging but key pipeline highlights the disruptions caused by a global shift away from fossil fuels. Both governments are working to accelerate the energy transition, but their oil industries are interdependent, so a policy shift in one country can affect energy supply, and the political balance, in the other.