[Peakoil] Oil giants brace for much higher carbon emissions price

[Jenny Goldie]

Oil giants brace for much higher carbon emissions price
International oil producers are bracing for carbon emission costs to soar to almost 10 times current prices in Europe, the world's largest greenhouse gas market, as governments around the world escalate efforts to curb climate change.
http://www.smh.com.au/business/carbon-economy/oil-giants-brace-for-much-higher-carbon-emissions-price-20131206-2yuln.html