The carbon market is a concept based on “polluter pays” and cap and trade principle. The objective is to reduce gas emissions through the use of market law. It assembles voluntary organizations that exchange the rights to issue carbon dioxide.
Author: etienne
What Is the Ozone Layers and the Montreal Protocol?
Life on Earth started in the water. One of the reason why is that water is a protected environment against the Sun’s ray capable to sterilize the planet. During Earth’s middle life, plants in the water started to absorb the abounded carbon dioxide in the air and breathe out oxygen. This long process created an… Continue reading What Is the Ozone Layers and the Montreal Protocol?
What Is the Ecological Footprint?
The ecological footprint measures our consumption behavior, and is used to compare different countries and areas. This measurement includes all type of consumption like energy, food, material, etc. and is translated into a piece of land that we need to produce it. We then can find out how many pieces of land we need to… Continue reading What Is the Ecological Footprint?
What Is Smog?
The word smog comes from the words smoke and fog combined. Smog itself is formed from a mixture of these two elements and any other airborne pollutants. It first started to form in England during the first years of the industrial age. Fog, which forms from evaporated water, would grab smoke from coal factories and… Continue reading What Is Smog?
The Probability of Intelligent Life in the Universe
The goal of this section is not to debate whether or not we are the only intelligent life in the Universe, but rather to help better understand that the chances of intelligent life existing elsewhere are as low as winning the lottery 5 times in a row. Here is why.
How is the carbon market working?
The carbon market is a concept based on the polluter pays principle. The objective is to reduce gas emissions through the use of market law. It assembles voluntary organizations that exchange the rights to issue carbon dioxide.
Distributing polluting permits can actually reduce pollution?
The answer is yes, even though the idea of distributing polluting permits can be morally debatable. Let’s explain this idea with one general principle: the earth can tolerate a certain amount of pollution without having serious consequences. After all, anybody who peed in a lake can’t be blame to contaminate the water after spreading a… Continue reading Distributing polluting permits can actually reduce pollution?
What does “the cost of doing nothing” mean?
We saw that external costs exist and they are directly related to pollution. Inevitably, to fight pollution we need to invest capital in order to improve our equipment and repair the damages that are already done. One thing we can’t ignore is that we are going to pay for the damages no matter what, even… Continue reading What does “the cost of doing nothing” mean?
How to Evaluate the Costs of Pollution?
Pollution becomes an expense when the result of an activity causes damage to someone else. When producing goods, a factory can inflict cost on a population if it doesn’t take on accountability for polluting.
Why Are Pollution and Environmental Issues So Hard to Deal With?
Pollution is tricky because in most cases no one owns the air or water. In fact, it is quite difficult to establish any kind of accountability framework for protecting natural resources.