U S Oil Industry Lobby Weighs Support Of Carbon Pricing Source Reuters

Posted on August 15, 2022
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Oil firm bosses' pay 'incentivises them to undermine climate action' |  Greenhouse gas emissions | The Guardian
Source: www.theguardian.com

Oil firm bosses' pay 'incentivises them to undermine climate action' | Greenhouse gas emissions | The Guardian.

U.S. oil industry lobby weighs support of carbon pricing -source | Reuters
Source: www.reuters.com

U.S. oil industry lobby weighs support of carbon pricing -source | Reuters.

Big oil and gas kept a dirty secret for decades. Now they may pay the price  | Climate crisis | The Guardian
Source: www.theguardian.com

Big oil and gas kept a dirty secret for decades. Now they may pay the price | Climate crisis | The Guardian.


What is the Impact of a Carbon Price on the Oil and Gas Sector?

According to Chris Ragan, “When you look at the emissions that come from a barrel of oil, roughly 80% of the emissions come from the consumption of the oil (when it is burned to produce energy), and 20% comes from the production of the oil”. An effective carbon pricing policy should focus on the consumption of the oil. Carbon pricing would reduce cash flow in the oil and gas sector, and to the provincial government. Chris Ragan speaks about Dr. Andrew Leach’s (University of Alberta) analysis of the effect of a $30 per tonne tax on the oil and gas sector.

Big oil and gas kept a dirty secret for decades. Now they may pay the price | Climate crisis | The Guardian

Factbox: Gas and nuclear are 'green'? Not so fast, say some investors |  Reuters
Source: www.reuters.com

Factbox: Gas and nuclear are 'green'? Not so fast, say some investors | Reuters.

Big oil and gas kept a dirty secret for decades. Now they may pay the price  | Climate crisis | The Guardian
Source: www.theguardian.com

Big oil and gas kept a dirty secret for decades. Now they may pay the price | Climate crisis | The Guardian.

Largest U.S. oil and gas trade group backs carbon price | Reuters
Source: www.reuters.com

Largest U.S. oil and gas trade group backs carbon price | Reuters.

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