Canada, Alberta agree on new bitumen pipeline to Asia, targeting 1M barrels daily and national interest designation by Oct. 1.
Canada and Alberta province reached an implementation agreement for a new bitumen pipeline to Asian markets, with a proposal due by July 1 and national interest designation targeted by Oct. 1. The deal includes a binding carbon price of 130 Canadian dollars per tonne by 2040 and depends on the Pathways carbon capture project.
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