Carney’s Oil-Export Gambit Hinges on Fixing Broken Carbon Market

Bloomberg TechnologyWednesday, November 26, 2025 at 2:04:40 AM
PositiveTechnology
Carney’s Oil-Export Gambit Hinges on Fixing Broken Carbon Market
  • Prime Minister Mark Carney announced that his government is in negotiations with Alberta to establish conditions necessary for the construction of a new oil pipeline to Canada's west coast. This initiative aims to enhance oil exports from the region, reflecting a strategic move in the energy sector.
  • This development is significant as it indicates a commitment to expanding Canada's oil export capabilities, potentially boosting the economy and addressing energy demands. It also highlights the government's focus on balancing energy production with environmental considerations, particularly in relation to carbon market reforms.
— via World Pulse Now AI Editorial System

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