Memorandum of Understanding (MOU) Agreement Erodes Last Pillar of Canadian Climate Policy

The International Institute for Sustainable Development asserts that a new MOU between Canada and Alberta undermines the country's climate commitments by lowering the industrial carbon price floor to CAD 110 by 2040, promoting new bitumen pipelines, expanding LNG facilities, and increasing natural gas power generation.

• The Canada-Alberta MOU implementation plan establishes a minimum carbon price of CAD 110 per tonne by 2040, which is lower than the advertised CAD 130 and is viewed as insufficient to meet climate commitments.
• The federal government is accused of abandoning climate action by combining the weakened carbon price with commitments to build a new bitumen pipeline, expand LNG export facilities, and increase natural gas power generation.
• The shift toward increased oil and gas production is described as a trajectory of dismantling health and planetary protections, which risks creating stranded assets, energy-driven inflation, and lost investment opportunities in clean energy.

APA

International Institute for Sustainable Development (2026). Memorandum of Understanding (MOU) Agreement Erodes Last Pillar of Canadian Climate Policy. https://www.iisd.org/articles/statement/memorandum-understanding-mou-agreement-erodes-last-pillar-canadian-climate

Chicago

International Institute for Sustainable Development. Memorandum of Understanding (MOU) Agreement Erodes Last Pillar of Canadian Climate Policy. 2026. https://www.iisd.org/articles/statement/memorandum-understanding-mou-agreement-erodes-last-pillar-canadian-climate.

Wikipedia

{{cite press release |author=International Institute for Sustainable Development |title=Memorandum of Understanding (MOU) Agreement Erodes Last Pillar of Canadian Climate Policy |date=15 May 2026 |url=https://www.iisd.org/articles/statement/memorandum-understanding-mou-agreement-erodes-last-pillar-canadian-climate |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@misc{internationalinstituteforsustainabledevelopment2026memorandum, author = {{International Institute for Sustainable Development}}, title = {{Memorandum of Understanding (MOU) Agreement Erodes Last Pillar of Canadian Climate Policy}}, publisher = {International Institute for Sustainable Development}, year = {2026}, month = may, url = {https://www.iisd.org/articles/statement/memorandum-understanding-mou-agreement-erodes-last-pillar-canadian-climate}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }