Canada’s Carney rolls back climate rules to boost investments

Canada's Prime Minister Mark Carney has signed an agreement with Alberta to roll back climate rules, including scrapping an emissions cap on the oil and gas sector, to boost energy investments and diversify markets. The deal, which includes support for a new oil pipeline to the West Coast, aims to reduce reliance on the US market and tap into Asian markets. While the oil industry supports the move, environmentalists criticize it as a setback for Canada's climate goals. The agreement also includes commitments to strengthen industrial carbon pricing and support a carbon capture project.