Subhead:The Liberal government in Ottawa continues to hinder Alberta’s energy industry.#
A new report from the Fraser Institute is making waves because the numbers are eye-popping.
According to the study, Alberta’s industrial carbon tax and carbon-capture requirements could increase production costs by:
- 25.6% for conventional oil
- 19.6% for oil sands projects
- 39.1% for natural gas
- 35.9% for electricity generation
Those figures aren’t made up. They come directly from the Fraser Institute’s report, Impact of Carbon Policies on Competitiveness in Oil, Natural Gas, and Electric Power.
