investments and even shut down existing capacity if the government goes ahead with its planned emissions trading regime. The country’s three major refiners, Caltex, Shell and ExxonMobil, said they would be saddled with huge extra costs without any compensation or support from the government of Prime Minister Kevin Rudd. At the same time, the refiners…
AUSTRALIA: National emissions trading scheme would hurt oil refiners
Posted on July 28, 2008 by EnergyAsia