Activated carbon is a highly porous substance made by heating coal or other materials. It has many uses, including water filtration, poison treatment, and air purification. It is also used in industrial processes and the food industry. However, it should only be used for medical purposes under supervision. Activated carbon is a form of carbon […]
A carbon tax is a tax on greenhouse gas emissions, designed to account for the social cost of those emissions. It can be levied on all emissions or companies can receive a cap and pay a tax on emissions above that level. A major disadvantage is that it is a national measure trying to solve […]
Carbon credit trading allows companies to reduce their carbon output to comply with pollution laws. Companies buy or sell carbon credits, with one ton of carbon equaling one credit. Carbon trading can be mandatory or voluntary, with different limits and rules in each country. The goal is to help curb emissions growth and comply with […]
Carbon pricing is a method of determining what producers of carbon dioxide should pay for the right to emit a certain amount. It is used to reduce carbon emissions and can be implemented through a cap-and-trade system or taxation. However, there are practical problems when trying to price carbon, such as determining the true cost […]
