Canada divided by carbon conundrum
Canada’s plans for raising carbon tax face mounting political and popular opposition
Four years ago, Canadian Prime Minister Justin Trudeau enjoyed broad political support for implementing a pan-national carbon pricing strategy to make meaningful reductions to Canada’s stubbornly high greenhouse gas emissions. But, where Trudeau once enjoyed the support of likeminded political leaders, the changing political landscape—following recent elections—is undermining plans to more than double carbon levies to C$50/t CO2e ($37.85/t CO2e) by 2020. When Trudeau was elected in 2015, 80pc of the country was already under some sort of carbon regime. Ontario, home to the country's industrial manufacturing heartland, and Quebec—bestowed with abundant hydroelectric resources—had joined a cap
Also in this section
28 January 2026
The alliance looks to bolster market management credibility by bringing greater clarity and unity to output cuts and producer capacity later in 2026
23 January 2026
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
23 January 2026
The signing of a deal with a TotalEnergies-led consortium to explore for gas in a block adjoining Israel’s maritime area may breathe new life into the country’s gas ambitions
22 January 2026
As Saudi Arabia pushes mining as a new pillar of its economy, Saudi Aramco is positioning itself at the intersection of hydrocarbons, minerals and industrial policy
