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 well-intentioned, could further erode Alberta’s market position, making new pipelines viable without boosting oil output. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/96cd44c821ccd039