VOL. XXXVI

NO. 31

3-MAY-1993

OPEC

OPEC Secretariat Report Projects Impact Of Environmental Taxes On FutureCrude Oil Demand

A research report prepared by the OPEC Secretariat and presented to the IPEC/OPECconference in Muscat, Oman on 13 April (MEES, 19 April) projects in a series ofscenarios the impact that environmental taxes currently under consideration inthe industrialized countries would have on the demand for crude oil in the years2000 and 2010.

In the most extreme scenario, in which all OECD...