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Blog: Federal Government Accepts Alberta’s New Carbon Pricing Program

06-Dec-19

By Sean Parker and Anna Fitz, Student-At-Law

Today, the federal government announced that it has accepted Alberta’s new Technology Innovation and Emissions Reduction ("TIER") Regulation as being compliant with the 2020 federal benchmark for carbon pricing systems. This means Alberta will be regulated by the provincial TIER program, rather than the federal program, for 2020. However, the TIER program will be subject to annual reviews to ensure it meets the rising federal benchmark ($40 per tonne in 2021 and $50 per tonne in 2022).

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