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S1 E11: BP and the Road to Net-Zero

Organising The Future with Andrew Parry

CHAPTER

The Role of Subsidies in Energy Pricing

I think different geographies are taking different approaches. The US is basically taken an approach which is very tax credits driven. Europe has taken a more regulatory approach where the E.U. ETS is actually very much at the core of it in terms of carbon pricing and that carbon market. I think at the end of the day for those technologies which are today not at scale we will need incentives and subsidies to accelerate the penetration of those.

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