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Alberta to double carbon tax by 2017, strengthen emissions reduction targets

from Globe and Mail

Alberta will be doubling its carbon levy over the next two years — the first change in the tax's eight-year history — as the province works on broader measures to burnish its image as a responsible oil producer. The tougher regulations and a royalty review announcement come at a tough time for Alberta's energy industry as a plunge in oil prices has led to thousands of layoffs and shelved expansion plans across the oil patch. more


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