Calgary Herald: A proposal to increase Albertas carbon levy to $40 per tonne and target a 40 per cent cut in carbon emissions from big emitters could affect the viability of thermal oilsands projects, a Calgary investment bank warns.
But FirstEnergy Capital added in a research report published Monday morning that the additional costs may be a justifiable trade-off if the plan convinces U.S. President Barack Obama to approve the Keystone XL pipeline.
In the note, analyst Michael Dunn calculates the proposal...