One way, are carbon credits, voluntary or not. And another way are carbon taxes. Here the transcription of a quick video by the World Economic Forum.
Denmark just introduced the world’s strictest carbon tax
It could slash the country’s CO2 emissions by million tonnes a year
Companies will have to pay $159 for every tonne of CO2 they emit
That’s an extra $53 per tonne
On top of the $106 levied by the EU’s emissions-trading scheme
But how the carbon tax work?
The aim is to make companies pay for the climate damage they directly cause …
By their use of fossil-fuel energy
This incentivizes companies to clean up their act
A global carbon tax could reduce overall emissions by as much as 12,3%
Experts say carbon taxes pay for themselves, too
A levy of $49/tonne would generate $2.2 trillion for the US by 2028 …
According to a report by the US Treasury
And by reducing emissions today …
The tax can soften the impacts of climate change tomorrow
Saving money that would otherwise be spent on response and adaptation
28 countries have so far implemented a carbon tax
But this approach has its challenges
Experts say these taxes can disproportionately hurt poorer people
They can be politically difficult to implement
And they only target one source of emissions: Fossil fuels
What do you think about carbon taxes ?
Click below for the quick video (in English). By the way, Brazil has already something similar (repeat, similar): have you heard about CBIOS. See this recent post.
