The premier of Alberta, a province that relies on crude revenue to help fund public services, wants to defer raising a levy on greenhouse gas emissions until other oil-producing jurisdictions introduce their own carbon taxes.
Alberta currently requires companies that emit more than 100,000 metric tons of greenhouse gases a year to cut emissions by 12 percent or pay a penalty of C$15 ($12) a ton. Premier Jim Prentice has said the province is looking for more revenue, and has ruled out raising corporate taxes or royalty rates.
