As the impacts of global warming continue to worsen, governments, corporations, and individuals need to act quickly in reducing their greenhouse gas (GHG) emissions. However, to do so at a large scale, a systematic and structural change is required, which can be highly costly in the short-term. When accounted for correctly, the generation of carbon …
The price set on Greenhouse Gas (GHG) emissions is known as a carbon tax. It plays a central role in reducing GHG emissions and combating climate change. It is a financially flexible tool that automatically encourages consumers and producers to shift towards energy options that emit less carbon, whatever those options may be. Economists call …
Even before Chile subscribed to the Paris Agreement in 2016, this country has been implementing market instruments to reduce their emissions, such as a carbon tax, called “green tax”. What is it about and what’s the impact on Latin America? The Green tax This tax has its basis in the 8th article of the Law …
Climate change is a real and tangible fact. It is the main cause of the continuous social, environmental and structural affectation of cities, and its impact has caused a deterioration in local, regional, national and international markets. These impacts can be intervened with tools to leverage positive climate actions, which aim to structurally decarbonize systems, …
