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.
News and Perspective
Shifting the Emphasis from Risk Avoidance to Wealth Creation | Entelligent on the GARP Climate Risk Podcast
David LongobardiNovember 30, 2023