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Should U.S. Oil Drillers Be Worried About Carbon Taxes?


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Should U.S. Oil Drillers Be Worried About Carbon Taxes?
By Tsvetana Paraskova - Apr 06, 2021, 4:00 PM CDT
As governments are looking to put a price on carbon or raise current carbon taxes, the oil and gas industry globally is bracing for the impact of those levies on the economies of upstream projects.
The oil industry itself, for the most part, supports carbon pricing as one of the most efficient ways to reduce emissions and fight climate change the two main drags on the oil sector since the energy transition push became mainstream.  
Carbon pricing is a tangible way for governments to “make polluters pay,” and the net-zero commitments of major economies suggest that putting a price on carbon could become increasingly popular in coming years, including in countries with vast oil and gas reserves such as the United States. ....

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Demand Concerns Continue To Plague Oil Markets


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Why The Suez Crisis Failed To Disrupt LNG Markets


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Is The U.S. Finally Embracing Tidal Energy?


Is The U.S. Finally Embracing Tidal Energy?
By Tsvetana Paraskova - Apr 05, 2021, 12:00 PM CDT
The United States has made the first step toward harnessing the potential of wave energy, a powerful source of renewable energy which researchers have been studying for decades.   
The Federal Energy Regulatory Commission (FERC) issued last month a license for what would be the first commercial-scale, utility grid-connected wave energy test site in the United States.
Oregon State University received that license to build and operate the PacWave South testing facility as the industry is developing technology and devices potentially capable of harnessing the power of ocean waves. ....

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