What is Carbon Tax?

Carbon Tax A carbon tax is a fee imposed on the burning of carbon-based fuels (coal, oil, gas). It is a way to have users of carbon fuels pay for the climate damage caused by releasing carbon dioxide into the atmosphere. It works on the ‘the polluter pays’ principle. After economic reforms and carbon emissions… Continue reading What is Carbon Tax?

Paris Climate Change Agreement -From Kyoto Protocol to Paris Agreement

Context: 196 countries at COP24, Katowice have agreed on a rulebook to implement the 2015 Paris Agreement. Background of Pro-active Climate negotiations The problem of climate change was brought to light at an international level by the first Intergovernmental Panel on Climate Change (IPCC) Assessment Report in 1990 which highlighted the issue as a subject… Continue reading Paris Climate Change Agreement -From Kyoto Protocol to Paris Agreement

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