Indonesia curbing nickel supply to support locals, Eramet says
The French miner was this year given a sales quota by the Asian nation that was 29% less than it expected.
A new report says putting a price on carbon won’t likely affect oil sands development plans if the price of oil rises above US$60 a barrel.
TD Bank economist Dina Ignjatovic said that’s the estimated minimum price oil sands companies need to go ahead with their projects, and if it’s reached then the extra cost of a carbon tax likely won’t sway a decision.
If the price of oil stays below US$60 a barrel then the picture becomes murkier, said Ignjatovic.
