The Royal Dutch Shell Plc Norco Refinery in Norco, Louisiana on Friday, June 12, 2020. Photo: Bloomberg The Royal Dutch Shell Plc Norco Refinery in Norco, Louisiana on Friday, June 12, 2020. Photo: Bloomberg
The Royal Dutch Shell Plc Norco Refinery in Norco, Louisiana on Friday, June 12, 2020. Photo: Bloomberg
Energy

China may impose an import tax on light-cycle oil as environmental regulators increase scrutiny of high-emission fuels to meet government’s 2060 carbon neutrality target

  • Chinese regulators are considering a tax on imports of so-called light-cycle oil (LCO), and have asked for feedback on a draft plan
  • The levy could take effect as soon as the first half of 2021 if approved, according to people familiar with the plan

Topic |   Energy
The Royal Dutch Shell Plc Norco Refinery in Norco, Louisiana on Friday, June 12, 2020. Photo: Bloomberg The Royal Dutch Shell Plc Norco Refinery in Norco, Louisiana on Friday, June 12, 2020. Photo: Bloomberg
The Royal Dutch Shell Plc Norco Refinery in Norco, Louisiana on Friday, June 12, 2020. Photo: Bloomberg
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