Oil companies and carbon tax

Why Canada Oil-Sands Industry Wants CO2 Tax Harper Hates: Energy - Bloomberg: "Oil companies operating in Canada such as Exxon Mobil Corp. (XOM), Total SA (FP) of France and Canada’s Cenovus Energy Inc. (CVE) plan to convert billions of barrels of the sticky bitumen into diesel and gasoline. Under foreign and domestic pressure, they now see a greenhouse-gas levy helping to provide access to markets and more predictable costs for Canada’s biggest export industry, which shipped C$68 billion ($68 billion) of oil in 2011.
A carbon tax “is one of the ways to promote better performance of the industry,” Andre Goffart, president of Total’s Canadian unit, said in an interview in Calgary. “The principles are probably agreed upon by the players. The question is, where do you put the level to incentivize the industry to go in a more efficient way?”"

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