Alberta Should Boost Carbon Price Slowly, Suncor’s Williams Says
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Suncor Energy Inc. Chief Executive Officer Steve Williams says he supports a higher carbon tax for Alberta as long as the rate is increased gradually to ensure Canada’s oil remains competitive with other jurisdictions.
The current price of C$15 ($12) a metric ton that’s applied to large industrial emitters “wasn’t a bad place to start and I think it can move on” with increases over time, Williams said in an interview at Bloomberg’s Calgary bureau on Wednesday.