A tax on fossil fuels, especially those used by motor vehicles, intended to reduce the emission of carbon dioxide. Under a carbon tax, the government sets a price that emitters must pay for each ton of greenhouse gas emissions they emit. Businesses and consumers will take steps, such as switching fuels or adopting new technologies, to reduce their emissions to avoid paying the tax.
Carbon cycle is the natural process through which carbon is exchanged between the atmosphere, oceans, soil, rocks, and living organisms on Earth. This cycle, when in rhythm, helps...
Carbon footprint is the amount of greenhouse gases (GHGs) such as carbon dioxide, methane, and nitrous oxide that we emit through our daily activities and lifestyle choices such as...
Any trading system designed to offset carbon emissions from one activity (such as burning fossil fuels in manufacturing, driving, or flying) with another (such as installing more e...