Alberta pulls out of carbon tax initiative after pipeline ruling

The Canadian province of Alberta announced Thursday it would pull out of Prime Minister Justin Trudeau's flagship climate change initiative in protest against a court ruling against the expansion of the Trans Mountain pipeline. A court had earlier quashed the government's approval of expanding the Trans Mountain pipeline to the Pacific, siding with indigenous people worried that increased tanker traffic will harm whales along the coast. Landlocked Alberta in western Canada, which sits on the world's third largest oil reserves, was set to rely on the pipeline to sell oil to Asian markets via the port of Vancouver.