Carbon Pricing in Canada: The 2018 Greenhouse Gas Pricing Act is a national framework for carbon pricing which imposed the carbon tax on jurisdictions and there were three provinces – Alberta, Ontario, and Saskatchewan – forcefully opposed the carbon tax and challenged the constitutionality of the federal carbon tax which was before the Supreme Court of Canada.
Global Carbon Pricing: The Paris Agreement central aim is to strengthen the global response to the threat of climate change by keeping a global temperature rise this century well below 2 degrees Celsius above pre-industrial levels and to pursue efforts to limit the temperature increase even further to 1.5 degrees Celsius. Additionally, the agreement aims to strengthen the ability of countries to deal with the impacts of climate change;
Carbon Pricing: An Instrument to Diminish Emissions: Carbon pricing is the method of charging an amount that must be paid for the right to emit one tonne of carbon dioxide (CO2) into the atmosphere. This amount can either be paid as a carbon tax which is a tax levied on the carbon content of fuels or a requirement to purchase permits (Allowances) to emit which is known as cap-and-trade. Cap-and-Trade is a system which helps set an upper limit on the amount for a business or other organization may produce but which allows further capacity to be bought from other organizations that have not used their full allowance or permit.
Rating Carbon– IDEA Carbon, an independent provider of ratings, analysis, and advice in the Carbon Ratings Agency (CRA) – The World’s First Independent Carbon Credit Service;
Carbon Credit vs Carbon Tax – It is no secret that the world opinion about global warming is divided into two categories – those who genuinely believe in global warming and those who think it as a big joke. At the same time, the world is becoming aware of the huge controversy among those who believe in global warming and the centre of this boiling debate is on the applicability and effectiveness of the carbon credits vs. Carbon tax for reducing greenhouse gas (GHG) emissions;
Carbon Neutrality – An incredible number of businesses, universities, and governments around the world are totally committed to the principles of sustainability and they are going through the process of taking inventories of their greenhouse gas (GHG) emissions with the objective to set reduction targets for their respective organizations and jurisdictions;
Clean Energy Technology – Carbon Capture and Storage – Prime Minister Stephen Harper recently announced funding for the carbon capture project west of Edmonton. The federal and Alberta governments pledged $769 million on October 14, 2009 to retrofit a coal fired electricity generation plant to capture and store some of the carbon dioxide generated from the project.