Alberta Carbon Market Rally Fades as April 1 Deadline Nears

A rally in the price of Alberta’s carbon credits after the province promised to raise the industrial carbon tax and shore up its carbon trading system has faded.

Credits and offsets in Alberta’s carbon market, known as the TIER system, have fallen to C$30.60 ($22.53) after they rose to about C$40.47 a metric ton in January, according to Logan Downing, chairman of Carbon Assessors, a price tracker.