CALGARY, Alberta (Reuters) - The Canadian province of Alberta said on Thursday it will raise the cost of greenhouse-gas emissions for large industrial plants and boost reduction targets for carbon pollution as its new government looks to assuage critics of the province's environmental policies.
Alberta, whose oil sands plants are the country's fastest-growing source of carbon-dioxide emissions, will boost the cost of excess greenhouse-gas output to C$20 per tonne (1.1023 ton) at the start of 2016 from the current C$15 levy, and raise it further, to C$30 per tonne, at the beginning of 2017. Its TARGET (TGT.NY)for carbon cuts will climb to 15 percent of normal emissions in 2016 from 12 percent, and rise to 20 percent in 2017.
(Reporting by Scott Haggett; Editing by Peter Galloway)