Alberta & Ottawa Meet Methane Emission Target

0:00It's March 25th. This is Canada News Today, AI-powered stories from your city. I'm Corey with the story. Alberta and the federal government in Ottawa have hit a key milestone in their energy deal from last fall. They've agreed in principle on methane rules that will cut emissions in Alberta by 75% below 2014 levels by two, 1035. This wraps up one of four targets set for April 1st, 2026. It follows a recent draft deal on environmental reviews, putting two items in the bag already. Premier Danielle Smith had voiced out suggest a day earlier about meeting those deadlines. She shared that, while in Houston for a big energy conference, stressing the need for quick markets stability. Two goals remain, a carbon pricing pact, and a three-way agreement with oil sands firms on the Pathways Carbon Capture project. With a week to go, momentum is building. Next comes Alberta's pitch for a new West Coast pipeline by July 1st.

1:02Rising oil prices from tensions in Iran have boosted private interest with West Texas intermediate at $90 a barrel and Western Canada. Selected at 76, Smith sees strong backing from global investors ahead.