Please join our Senior Vice President, Graham Kellas and Principal Economist, Joshua Firestone for a discussion and debate. Topics include the global carbon taxes and their impact on whether certain tax codes are subsiding oil and gas.
Subsidy Debate :
- Are the following subsidies?
- Unique accelerated depreciation schemes afforded to the industry
- Lack of taxes, such as carbon taxes
- Setting government share rates lower than other countries
- Refunding of taxes, and direct fund transfers
Carbon Tax Discussion :
- Where upstream carbon charges currently exist, and how they interact with other fiscal terms
- What the differences are between carbon charges introduced in royalty/tax and production sharing contract fiscal systems
- What the potential impact is of carbon charges on upstream asset values