European Big oil pushes for global carbon tax
The Hill
Overnight Energy & Environment
BIG OIL: CHARGE US FOR EMISSIONS: Six major European oil companies are asking the United Nations and the world's leaders to implement carbon pricing systems in every country.
As leaders try to find ways to cut greenhouse gases globally, leading up to a UN conference in December that is expected to result in a global pact, the oil majors say carbon fees would be the best way for them to contribute.
"If governments act to price carbon, this discourages high carbon options and encourages the most efficient ways of reducing emissions widely, including reduced demand for the most carbon intensive fossil fuels, greater energy efficiency, the use of natural gas in place of coal, increased investment in carbon capture and storage, renewable energy, smart buildings and grids, off-grid access to energy, cleaner cars and new mobility business models and behaviors," they wrote in a letter to the UN.
The letter came from United Kingdom's BG Group and BP, Italy's Eni, the UK-Netherlands's Royal Dutch Shell, Norway's Statoil and France's Total.
The companies offered their resources to help the UN and world leaders to implement carbon fees in countries that do not have them, in such a way that they could eventually be integrated.
Read more here.
http://thehill.com/policy/energy-environment/243588-oil-giants-call-for-worldwide-carbon-pollution-fees
= new reply since forum marked as read
The Obama response will be to cherry pick two items ("the use of natural gas" and
"increased investment in carbon capture"
and ignore the rest.
