According to environmentalists and economists, putting a price on the greenhouse gas emissions is undoubtedly the best solution to climate change (Blok, Höhne, van der Leun & Harrison, 2012). Climate change is the subject of uncontrolled anthropogenic activities on the…
e provisions for the trading of emissions at the international scope was introduced by the Kyoto Protocol and despite the expiry of this protocol, carbon trading is set to continue (Newell, Pizer & Raimi, 2013). Underpinning the need for carbon pricing is because most countries have no costs associated with the polluting activities and sources and that currently, there are no limits to the amount of pollution that nations can discharge into the atmosphere (World Bank Group, 2014). Therefore, carbon pricing can act as the regulatory mechanism for controlling the amounts of greenhouse gas emissions from all countries around the world. Some of the most common methods for putting a price on carbon include carbon taxation and the cap-and-trade approach (Grubb, 2012). The cap-and-trade approach involves the government setting up caps on emissions from a particular pollutant, for instance CO2, from a group of pollutants like power plants while carbon tax is the fee imposed on greenhouse gas pollution especially from fossil fuels (Hood, 2013). Thus, the aim of this research is to support that statement that argues that putting price on carbon is the best solution to climate change by encouraging the adoption of cleaner energy sources that are more efficient, cost-friendly and environmentally friendly.
Though carbon pricing is being focused on as the solution to climate change, critiques believe that this is an ambiguous decision by the developed countries to escape the responsibility of being the major pollutants and share the costs with other countries that emit fewer greenhouse gasses (Jenkins, 2014). Some non-governmental organisations argue that carbon pricing is creating carbon markets that will give the stakeholders the right and permit to pollute. Besides, a handful of civil societies, Carbon Trade Watch included, have on many occasions criticised the establishment of carbon markets because they barely reduce greenhouse gas emissions at their sources and this ...
Cite this document
(“Putting a price on carbon is the best solution for climate change Essay”, n.d.)
Retrieved from https://studentshare.net/english/782566-putting-a-price-on-carbon-is-the-best-solution-for-climate-change
(Putting a Price on Carbon Is the Best Solution for Climate Change Essay)
“Putting a Price on Carbon Is the Best Solution for Climate Change Essay”, n.d. https://studentshare.net/english/782566-putting-a-price-on-carbon-is-the-best-solution-for-climate-change.
Australia aims to reduce the carbon emissions up to 90 % from the current value till the 2050. Although the proposed reforms in the economic structure promise a safe and green future for the country yet it has several implications that must be considered by all the stakeholders.
This gas emerges from combustion of fossil fuels, which include automobiles, industrial production such as metal production, coal, and oil and gas from factories (World bank publications, 2004 pp 147). Due to the effects of carbon dioxide emissions to the climate, most countries agreed to reduce carbon emissions by 20% by the year 2010.
According to the paper, the effects of climate change are increasingly felt in many parts around the world. Human life and activities are affected by weather and climate, and changes in climate affect man and animals, food production, water sources and health. Short-term changes in climate can be classified as normal weather conditions.
Though there were marked developments of psychology in the 19th century like psychoanalysis by Sigmund Freud and anthropometrics by Francis Galton, major revolutions and growth in this field were witnessed in the 20th century by studies and perspectives of John B.
The government of Australia have proposed a new environmental tax to be effective from July 1, 2012. It would be levied on the basis of the quantity of carbon dioxide emitted into the atmosphere. Initially the tax rate is set at $23 per tonne of emitted carbon dioxide.
And thus, the glaciers, the ice caps and the ice sheets are melting, the climate is vigorously changing and the sea levels are rinsing. This of course becomes the cause of many of the natural disasters as well, like the tornadoes, floods, sandy storms, etc.
ions that have contributed to climate change and as such have committed to address the issue and assist developing countries in reducing their admissions. There are many negative consequences as a result of climate change and here rising sea levels will be discussed.
The researcher states that it is evident that global warming effects lead to a high expense on the government, therefore in order to reduce disasters, it is important for a country to put effective measures in place in order to prevent losses. The clean energy initiative is a possible measure that has little or no pollutants.
Al Gore started to expound his speech by challenging the people that the probable action of the present generation regarding such global issue would have potential impact on the lives of the future generation. He pointed out that this generation’s children and
2. Elodea as an aquatic plant sequesters carbon from the water by the process of photosynthesis. Carbon sequestration by elodea in aquatic ecosystems helps to increase the pH level of the water in which it is found. This
2 Pages(500 words)Assignment
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Essay on topic Putting a price on carbon is the best solution for climate change for FREE!