On Wednesday, January 21st, Dave Sawyer, Principal Economist and Head of 440 Megatonnes, Dale Beugin, Executive Vice President of the Climate Institute and Ross Linden-Fraser, Research Lead for 440 Megatonnes presented the Climate Institute’s analysis and research findings during this Ask Me Anything-style webinar on strengthening industrial carbon pricing in Canada, with a deep dive into unpacking the latest developments. 

Environment and Climate Change Canada (ECCC) is seeking input on strengthening industrial carbon pricing, with a submission deadline at the end of the month. At the same time, negotiations under the Canada–Alberta MOU are moving ahead, on a parallel track to the federal benchmark review. These two processes are now converging: a national rules-setting exercise on one hand, and a negotiated settlement with Alberta on the other. What emerges from this convergence will shape the future of industrial carbon pricing in Canada. The next few months matter.

The webinar discussed the current state of play and how the Canada–Alberta MOU and the benchmark review intersect. We explored how these two processes can work together to update and modernize industrial carbon pricing in the country.