Alberta cool to trading carbon offsets beyond borders

As regional markets for the trading of GHG emissions and offsets begin to form in North America, British Columbia’s premier has begun attempting to sell the idea of a regional market to Alberta. Alberta’s Premier however has always taken a position that “Alberta money will stay in Alberta”. This would appear to be based on the idea that it would be cheaper for Albertans to reduce GHG emissions by investing in reductions elsewhere, rather than investing in Alberta. However, where reduction opportunities are cheaper in Alberta, the province could find itself as a net importer of capital focused on reducing emissions. Click here for the Globe and Mail article