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.
Carbon taxation: National practice and international trends
What are some of the challenges and benefits that implementing carbon taxation could have for oil and gas producers?
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