The Decibel

Carney, Smith agree to pipeline framework, as minister resigns

68 snips
Nov 28, 2025
Campbell Clark, Chief Political Writer at The Globe and Mail, dissects the new pipeline framework agreement signed by Prime Minister Mark Carney and Alberta Premier Danielle Smith. They discuss the ambitious goals of becoming a global energy superpower while achieving net-zero emissions by 2050. Clark highlights the significant role of Indigenous co-ownership and the complexities of federal and provincial negotiations. He also addresses the political fallout from the resignation of Liberal minister Steven Guilbeault and the potential challenges that could jeopardize the pipeline's construction.
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INSIGHT

Tanker Ban Remains A Flashpoint

  • The MOU contemplates possible adjustments to BC's tanker ban but doesn't commit to lifting it.
  • Lifting the ban would face fierce opposition from coastal First Nations and the BC government.
INSIGHT

Big Economic Stakes On Both Sides

  • A new pipeline would generate substantial construction and export value and create jobs during build and operation.
  • The Pathways carbon-capture project itself is a multi-billion-dollar industry with recurring operating costs.
INSIGHT

Emissions Rise Unless Offsets Deliver

  • Adding a million barrels per day plus TMX optimization implies far higher production and emissions unless offsets work.
  • The MOU counts on Pathways and Alberta's industrial carbon price to mitigate added emissions.
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