In late May 2016, Exxon Mobil faced the imposition of a carbon tax. In an opinion piece for MarketWatch, Thomas Stoner Jr. proposes that the carbon tax might benefit the oil and gas industry instead of presenting a threat. A new carbon tax would harm the coal industry more profoundly, increasing electricity prices and, therefore, prices for an emerging industry looming on Exxon’s horizon.

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Why Big Oil Might Secretly Wish for a Carbon Tax 188.62 KB 55 downloads

In this opinion piece, Thomas Stoner Jr. assesses the true nature of the challenge...