Using Tax Policy To Fight Peak Oil

I’m not sure how effective this will be, but the government of Indonesia seems hell-bent on making sure more of the carbon trapped beneath the Earth gets out in a timely fashion:

Indonesia has been offering incentives, particularly for oil and gas,
seeing them as strategic businesses that could impact the country’s revenue.
Finance Minister Sri Mulyani said in December that the government hoped the
incentives would help meet the country’s target of 1.034 million b/d in 2008.
Indonesia has been struggling to maintain its oil output as mature fields
yield less oil. In 2007, the oil sector contributed Rupiah 165.39 trillion
($17.6 billion) to the country’s revenues.

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