Economic

VIDEO: How Carbon Pricing Works

Carbon pricing has become a polarizing tactic in the fight against the climate crisis and emissions. Some governments promote the “tax” as a way to deter polluters and penalize those who contaminate the environment free of charge. While some opponents view the levy as an easy way to generate revenue, arguing the money is used for other service other than tackling climate change.

Despite the skepticism, there is strong evidence and research that proves carbon taxes work in reducing carbon pollution.

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