Carbon pricing in 2016 : a global overview
The following article is based on an essay I submitted for my Sustainable Energy Solutions Certificate I am doing at Pinchot University as part of my MBA in Sustainable Business.
The following article is based on an essay I submitted for my Sustainable Energy Solutions Certificate I am doing at Pinchot University as part of my MBA in Sustainable Business.
If climate change is getting each month more scary, our answers to it are getting bigger. The carbon tax is gaining support as The World Bank reports that no less than 74 countries and over a thousand companies are supporting it.
It seems taxing carbon is becoming a really popular idea as Chile is the latest to consider it as Reuters reported recently. The country would be the first to do so in South America and the second in Latin America after Mexico. As Climate Progress reports, this tax would concern only utilities and thermal plants …
We have seen it quite a few times in the previous months : taxing carbon is a good idea as it already works in Australia, Ireland and British Columbia. Emissions reductions have been quite noticeable in all cases. As a result, more countries will follow suit, such as the People’s Republic of China, South Africa …
We have seen in previous articles on how taxing carbon makes a lot of sense. Ireland and Australia have already implemented them with resounding successes. Both China and South Africa are planning to enact one by 2015. Now the Economist and Grist published articles on a third example of a successful carbon tax implementation, and …