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Energy transition ahead-IV: Carbon pricing gaining momentum
May 30: Oil & gas companies always tend to look at carbon pricing as a battle between gas vs. coal. If carbon prices are raised, it will benefit gas as it is a cleaner fuel than coal
8But the latest 2018 report on how carbon pricing is developing does not augur well for the oil & gas industry
8Deep structural changes are taking place, and these will have huge future implications
8Multiple trends are emerging in terms of how the public and private sectors are employing carbon pricing and these provide an indication of how carbon pricing could possibly unfold in the future.
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