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AvanViveEco Solution: Carbon Tax

10/31/2019

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The Need For A Uniform & Global Standard To Tax Carbon Emissions

Nobel Award-Winning Economists share their thoughts on taxing carbon as an essential step in dealing with Climate Change

Highlights from the article:
How Nobel award-winning economists are working to fight climate change

Carbon Pricing today is understood as a crucial element in the fight to mitigate Climate Change

Not only does a Carbon Price incentivize businesses to reduce their own emissions, it also encourages innovations in the clean energy sector. 

[But] without Global rules, there is the concern that companies would relocate to avoid these taxes


If we don't manage to put a price on Carbon, we can't solve the problem for two reasons... one, we create an incentive to overuse fossil fuels and generate carbon dioxide; and second, the new technologies that are clean are disadvantaged because one output of the old technology, the fossil fuels, is not being priced properly, in this case negatively.

#AvanViveEco  #CarbonTax
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Read the Original Article in it's Entirety:
How Nobel award-winning economists are working to fight climate change
Like Us on Facebook to learn how  Bamboo 🎋Hemp 🌿Trees 🌲 & Bees 🐝  are offsetting global CO2 emissions and combating Climate Change.


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