Understanding the proposed MOU between Alberta and Ottawa on energy and climate means diving into the shell games surrounding industrial carbon pricing - we dive in.There is a lot at stake here - Alberta wants less red tape for oil and gas, and Canada wants action on climate change. We talk to Janetta McKenzie, director of oil and gas at the Pembina Institute, to understand what the real price of industrial carbon is and why it matters.

Pembina says there is $40 billion of investment in low-carbon investments that could be unleashed if they get it right.

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