1. Internal carbon prices of oil & gas companies have little impact over investment decision1.1 based on their methodology2. Host government taxation at the wellhead can be much more impactful2.1 what scope of emissions?2.2 emissions cost deductible from profit tax base?2.3 what price for CO_2 ?3. “Expectations and uncertainty” : it matters !3.1 Companies should know how much it matters when negotiating with governments3.2 Environmental-friendly government needs to find the right balance between internalizing negative effects of CO_2 emissions and… not to kill the golden goose.
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