Canadian Prime Minister Mark Carney has signed a significant agreement with Alberta's premier to roll back certain climate regulations. This move aims to boost energy production and diversify Canada's oil exports, which currently rely heavily on the U.S. market. The agreement includes scrapping a planned emissions cap on the oil and gas sector and dropping clean electricity rules. In exchange, Alberta will strengthen carbon pricing and support a major carbon capture project. Additionally, Alberta is exploring a new oil pipeline to British Columbia's northwest coast to increase exports to Asia. However, significant legislative changes are needed for this pipeline to proceed, and opposition remains strong from various groups, including Indigenous communities. The agreement also includes commitments to enhance carbon pricing and develop nuclear power plants in Alberta.