agreed, a good regulatory framework is missing to move industries away from emission intensive activities, and that in the end will be The End for fossil fuel companies after the energy transition, that's why Fortis and other companies are eluding into distraction to keep governments away from imposing regulations, a 50$ - 100$ tax extra per tonne of CO2 emitted would probably provide some urgency.
Currently in Europe the price is at Euro 66/ tonne down from Euro 100 / tonne -> meaning not going in the direction needed.
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