Carbon taxes are used at the national level to incentivize emissions reduction and generate income. At the international level, plans to apply a carbon border adjustment mechanism in the EU and potential levies on high carbon imports in the US are likely to increasingly influence the markets for hydrocarbon products. This event discusses these new trends drawing on country case studies and considering some of the challenges and benefits that implementing carbon taxation could have for oil and gas producers.
Memory Machingambi, Senior Economist, Environmental & Fuel Taxes, National Treasury, Republic of South Africa
Tatiana Falcão, Regional Adviser, High Level Panel on International Financial Accountability, Transparency and Integrity for Achieving the 2030 Agenda
Chair: Valerie Marcel, Associate Fellow, Energy, Environment and Resources Programme, Chatham House