Prime Minister Mark Carney and Alberta Premier Danielle Smith sign a Memorandum of Understanding before Carney's energy-related announcement on Thursday.

With the unveiling of his government’s much-anticipated new deal with Alberta, Prime Minister Mark Carney’s approach to fighting climate change – and how he intends to balance it with an economic agenda embracing traditional energy industries – has finally come into full view.

And it turns out to be dramatically different from the strategy he inherited from Justin Trudeau, much more so than indicated even in the federal budget a few weeks ago.

That’s not entirely because of Ottawa’s new embrace of a potential oil pipeline to British Columbia’s north coast. Nor its renewed emphasis on a massive oil sands investment in carbon capture t

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