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UK warned of potential £450bn loss due to energy policy uncertainty

Offshore Energies UK (OEUK) warns of a potential £450 billion loss in the domestic offshore energy market by 2040 without stable policies and competitive taxes.

read more... 27/03/2024

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An EU Carbon Tax Will Upend The Global LNG Market

The global LNG market could face a sea change in prices and trade flows later this decade if the European Union includes LNG in its carbon border tax.

read more... 25/03/2024

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Britain seeks views on 2027 carbon border tax

Britain has launched a consultation on how it should apply a new carbon import levy on some products from 2027 to help to protect businesses against cheaper imports from countries with less strict climate policies.

read more... 22/03/2024

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UK extends windfall tax on oil, gas to 2029

The UK has extended a windfall tax on oil and gas companies operating in the country by a year to 2029, it said on Wednesday.

read more... 07/03/2024

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EU carbon border tax will do little to cut emissions

A European Union plan to impose tariffs on high-carbon imports could hurt developing countries in Asia but is unlikely to lead to big reductions in greenhouse gas emissions, the Asian Development Bank (ADB) said in a report published on Monday.

read more... 26/02/2024

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