Oil-rich Alberta proposes ambitious new carbon tax

The government of oil-rich Alberta province introduced legislation Tuesday to implement an economywide carbon tax starting next year, aimed at curbing greenhouse gas emissions and remaking its image as a champion of the fossil fuels industry.

The move is part of a broader environmental policy package expected to phase out coal-fired plants in the province and cap emissions from oil sands production. Details of those efforts, which were announced in November, have yet to be released.

Coal mine operators and some oil sands producers have criticized those plans as a competitive burden compared with other jurisdictions.

For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my