23 October 2018
US carbon fight moves to Washington state
The lack of political enthusiasm for a federal-level US carbon tax contrasts with more positive undercurrents in Washington state’s heated carbon referendum
US oil majors are pouring funds into a fierce referendum scrap in Washington state over a proposed carbon "fee", though the prospect of a nationwide US environmental levy on fossil fuel consumption has grown more distant under the Trump administration. As the clock ticks down on the Evergreen state's 6 November ballot on "Initiative 1631", BP, Chevron and refiner Phillips 66 are building a war chest which had swollen to $22.45m at time of press. The measure would set a fee of $15 per metric ton of carbon dioxide fee for greenhouse gas emitters from 2020, rising by $2/t CO2 annually until the state's greenhouse gas reduction goals are met. The oil firms' no campaign says the planned fee wil
Also in this section
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices
1 April 2026
The US-Iran conflict demonstrates the need for diversification in several senses of the word. It also exposes the limits of Washington applying pressure on major oil and gas producers it considers geopolitical adversaries
31 March 2026
Disappointing results in its bidding round are a reality check for Libya, and global exploration generally






