Industrial carbon price eroding Canada's competitive edge, oil and gas leaders say | CBC News
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Industrial carbon price eroding Canada's competitive edge, oil and gas leaders say | CBC News
""We're still talking about an industrial carbon tax when no other producing and exporting nation does that to their producers," Lisa Baiton stated, highlighting the competitive disadvantage Canada faces in the global market."
""Canada is blessed with one of the biggest oil and gas reserves on the planet and has not only the opportunity, but the responsibility, to develop them and bolster global energy security," Baiton emphasized, calling for a shift in focus."
""Instead of seizing the moment and taking the mantle of that responsibility, we are focusing on things that add cost and make us less competitive," Baiton remarked, urging for a more strategic approach to energy development."
Leaders in Canada's oil and gas sector express concerns that the industrial carbon levy could undermine the country's competitive position. Lisa Baiton of the Canadian Association of Petroleum Producers emphasizes the need for Canada to develop its vast oil and gas reserves to enhance global energy security. The Alberta government is pursuing new pipeline projects to expand export capabilities, while negotiations on carbon pricing and related agreements continue to face delays, impacting the industry's future prospects.
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