Putting a Price on Carbon as a Means of Improving Quality of Life

Putting a price on carbon emissions is a strategy for progressing toward a decarbonized economy. The strategy is being implemented around the world in a variety of ways, and ultimately the goal is to improve the quality of life.
-Donna Benjamin

There are many ways to address climate change and environmental sustainability, and one of the most important strategies is minimizing carbon emissions. The emissions impact nature in a variety of negative ways, from contributing to global warming to increasing ocean acidification. Reduce carbon emissions, and a positive domino-effect is created.

Putting a price on carbon is a major strategy for reducing carbon emissions, and there are different pricing schemes being used. The two most common are implementing a carbon tax or implementing an emissions trading system. There are now 42 countries and more than 25 provinces, states and jurisdictions with carbon pricing programs in place.

Though putting a...

Read full article or Subscribe