Carbon trading cuts emissions better than carbon taxes
Carbon trading limits the amount of carbon dioxide an organization can emit. To emit more, organizations must buy unused carbon emission allowances from others. A global study has found that in the fight against climate change, carbon trading is more effective than carbon taxes—fees levied based on...
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Carbon trading limits the amount of carbon dioxide an organization can emit. To emit more, organizations must buy unused carbon emission allowances from others. A global study has found that in the fight against climate change, carbon trading is more effective than carbon taxes—fees levied based on the amount of carbon dioxide emitted—in reducing carbon emissions.
Originally published at Phys.org
