Denmark has a chance to succeed with its plans of cutting 70% of carbon emissions by 2030 if Prime Minister Mette Frederiksen introduces a new emission fee, the government’s economic advisory council said.
Economists have long been familiar with the concept of “negative externalities”, which may be defined as a cost that is suffered by a third party as a consequence of an economic transaction.
South Africa’s carbon tax fails to provide a sufficient deterrent to emitters, PwC has said in a recent report.
DNV GL recently produced a position paper Heading For Hydrogen. It is the findings of a survey of more than 1,000 senior oil and gas professionals covering safety, infrastructure, CCS and policy.