A carbon tax is a levy that is put on the carbon emissions resulting from the production of goods or services. It is a method by which governments and regulatory bodies can monetarily disincentivise emitting of carbon dioxide into the atmosphere. A carbon tax encourages organisations, governments and people to produce less carbon emissions. Policymakers have several strategies at their disposal for incentivising emissions reduction including price premiums, carbon credits and alternative or clean energy subsidies.
Shell Catalysts & Technologies helps its customers plan and account for changing regulatory landscapes through decarbonisation masterplanning. By using CO2 impact modelling tools and analysing operational performance, targeted CO2 reduction pathways can be devised.