Canada drops climate rules in oil deal, looks to Asia to weather Trump tariffs

Canada’s Prime Minister Mark Carney signed an agreement with Alberta’s premier on Thursday that rolls back certain climate rules to spur investment in energy production, while encouraging construction of a new oil pipeline to the West Coast. Under the agreement, the federal government will scrap a planned emissions cap on the oil and gas sector and drop rules on clean electricity, in exchange for a commitment by Canada’s top oil-producing province to strengthen industrial carbon pricing and...