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Optimal Carbon Tax
A carbon tax is a tax levied on the carbon emissions required to produce goods and services. Carbon taxes are intended to make visible the "hidden" social costs of carbon emissions, which are otherwise felt only in indirect ways like more severe weather events. In this way, they are designed to reduce carbon dioxide ( ) emissions by increasing prices of the fossil fuels that emit them when burned. This both decreases demand for goods and services that produce high emissions and incentivizes making them less carbon-intensive. In its simplest form, a carbon tax covers only CO2 emissions; however, it could also cover other greenhouse gases, such as methane or nitrous oxide, by taxing such emissions based on their CO2-equivalent global warming potential. When a hydrocarbon fuel such as coal, petroleum, or natural gas is burned, most or all of its carbon is converted to . Greenhouse gas emissions cause climate change, which damages the environment and human health. This ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prim GRES
Prim may refer to: People * Prim (given name) * Prim (surname) Places * Prim, Virginia, unincorporated community in King George County *Dolní Přím, village in the Czech Republic; as Nieder Prim (Lower Prim) site of the Battle of Königgrätz * Saint-Prim, commune in Isère, France *Prim (Neckar), river in Baden-Württemberg, Germany, tributary of the Neckar *Prims, river in Rhineland-Palatinate, Germany, tributary of the Saar Other *Prim, a type of ''tamburica'' (musical instrument) *Prim or Primost, a Norwegian cheese *Prim, abbreviation for Primitive Methodist *Prim's algorithm for minimum spanning tree, developed by Robert C. Prim * PRIM (watches), a Czech trademark *Graham Street Prims F.C., football club in Derby, England * In computers, a geometric primitive, or prim, is a simple shape used in 3D modeling to build into more complex objects. ** A Sculpted prim, in Second Life, is a 3D parametric object whose 3D shape is determined by a texture, more advanced than the ga ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Negative Externality
In economics, an externality or external cost is an indirect cost or benefit to an uninvolved third party that arises as an effect of another party's (or parties') activity. Externalities can be considered as unpriced goods involved in either consumer or producer market transactions. Air pollution from motor vehicles is one example. The cost of air pollution to society is not paid by either the producers or users of motorized transport to the rest of society. Water pollution from mills and factories is another example. All consumers are all made worse off by pollution but are not compensated by the market for this damage. A positive externality is when an individual's consumption in a market increases the well-being of others, but the individual does not charge the third party for the benefit. The third party is essentially getting a free product. An example of this might be the apartment above a bakery receiving the benefit of enjoyment from smelling fresh pastries every mornin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Radiative Forcing
Radiative forcing (or climate forcing) is the change in energy flux in the atmosphere caused by natural or anthropogenic factors of climate change as measured by watts / metre2. It is a scientific concept used to quantify and compare the external drivers of change to Earth's energy balance. System feedbacks and internal variability are related concepts, encompassing other factors that also influence the direction and magnitude of imbalance. Positive radiative forcing means Earth receives more incoming energy from sunlight than it radiates to space. This net gain of energy will cause warming. Conversely, negative radiative forcing means that Earth loses more energy to space than it receives from the sun, which produces cooling. A planet in radiative equilibrium with its parent star and the rest of space can be characterized by net zero radiative forcing and by a planetary equilibrium temperature. Radiative forcing on Earth is meaningfully evaluated at the tropopause and at the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Attribution Of Recent Climate Change
Efforts to scientifically ascertain and attribute mechanisms responsible for recent global warming and related climate changes on Earth have found that the main driver is elevated levels of greenhouse gases produced by human activities, with natural forces adding variability. The likely range of human-induced surface-level air warming by 2010–2019 compared to levels in 1850–1900 is 0.8 °C to 1.3 °C, with a best estimate of 1.07 °C. This is close to the observed overall warming during that time of 0.9 °C to 1.2 °C, while temperature changes during that time were likely only ±0.1 °C due to natural forcings and ±0.2 °C due to variability in the climate. According to the Intergovernmental Panel on Climate Change (IPCC) in 2021, it is "unequivocal that human influence has warmed the atmosphere, ocean and land since pre-industrial times." Studies on attribution have focused on changes observed during the period of instrumental temperat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scientific Opinion On Climate Change
There is a strong scientific consensus that the Earth is warming and that this warming is mainly caused by human activities. This consensus is supported by various studies of scientists' opinions and by position statements of scientific organizations, many of which explicitly agree with the Intergovernmental Panel on Climate Change (IPCC) synthesis reports. Nearly all actively publishing climate scientists say humans are causing climate change. Surveys of the scientific literature are another way to measure scientific consensus. A 2019 review of scientific papers found the consensus on the cause of climate change to be at 100%, and a 2021 study concluded that over 99% of scientific papers agree on the human cause of climate change. The small percentage of papers that disagreed with the consensus either cannot be replicated or contain errors. Consensus points The current scientific consensus is that: * Earth's climate has warmed significantly since the late 1800s. * Human ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carbon Dividend
A carbon fee and dividend or climate income is a system to reduce greenhouse gas emissions and address climate change. The system imposes a carbon tax on the sale of fossil fuels, and then distributes the revenue of this tax over the entire population (equally, on a per-person basis) as a monthly income or regular payment. Since the adoption of the system in Canada and Switzerland, it has gained increased interest worldwide as a cross-sector and socially just approach to reducing emissions and tackling climate change. Designed to maintain or improve economic vitality while speeding the transition to a sustainable energy economy, carbon fee and dividend has been proposed as an alternative to emission reduction mechanisms such as complex regulatory approaches, cap and trade or a straightforward carbon tax. While there is general agreement among scientists and economists on the need for a carbon tax, economists are generally neutral on specific uses for the revenue, though there t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Politics Of Climate Change
The politics of climate change results from different perspectives on how to respond to climate change. Global warming is driven largely by the emissions of greenhouse gases due to human economic activity, especially the burning of fossil fuels, certain industries like cement and steel production, and land use for agriculture and forestry. Since the Industrial Revolution, fossil fuels have provided the main source of energy for economic and technological development. The centrality of fossil fuels and other carbon-intensive industries has resulted in much resistance to climate friendly policy, despite widespread scientific consensus that such policy is necessary. Climate change first emerged as a political issue in the 1970s. Efforts to mitigate climate change have been prominent on the international political agenda since the 1990s, and are also increasingly addressed at national and local level. Climate change is a complex global problem. Greenhouse gas (GHG) emissions c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Refund
A tax refund or tax rebate is a payment to the taxpayer due to the taxpayer having paid more tax than they owed. By country United States According to the Internal Revenue Service, 77% of tax returns filed in 2004 resulted in a refund check, with the average refund check being $2,100. In 2011, the average tax refund was $2,913. For the 2017 tax year the average refund was $2,035 and for 2018 it was 8% less at $1,865, reflecting the changes brought by the most sweeping changes to the tax code in 30 years. Taxpayers may choose to have their refund directly deposited into their bank account, have a check mailed to them, or have their refund applied to the following year's income tax. As of 2006, tax filers may split their tax refund with direct deposit in up to three separate accounts with three different financial institutions. This has given taxpayers an opportunity to save and spend some of their refund (rather than only spend their refund). Every year, a number of U.S. taxpay ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Income Tax
An income tax is a tax imposed on individuals or entities (taxpayers) in respect of the income or profits earned by them (commonly called taxable income). Income tax generally is computed as the product of a tax rate times the taxable income. Taxation rates may vary by type or characteristics of the taxpayer and the type of income. The tax rate may increase as taxable income increases (referred to as graduated or progressive tax rates). The tax imposed on companies is usually known as corporate tax and is commonly levied at a flat rate. Individual income is often taxed at progressive rates where the tax rate applied to each additional unit of income increases (e.g., the first $10,000 of income taxed at 0%, the next $10,000 taxed at 1%, etc.). Most jurisdictions exempt local charitable organizations from tax. Income from investments may be taxed at different (generally lower) rates than other types of income. Credits of various sorts may be allowed that reduce tax. Some jurisdicti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Regressive Tax
A regressive tax is a tax imposed in such a manner that the tax rate decreases as the amount subject to taxation increases. "Regressive" describes a distribution effect on income or expenditure, referring to the way the rate progresses from high to low, so that the average tax rate exceeds the marginal tax rate.Hyman, David M. (1990) ''Public Finance: A Contemporary Application of Theory to Policy'', 3rd, Dryden Press: Chicago, ILJames, Simon (1998) ''A Dictionary of Taxation'', Edgar Elgar Publishing Limited: Northampton, MA In terms of individual income and wealth, a regressive tax imposes a greater burden (relative to resources) on the poor than on the rich: there is an inverse relationship between the tax rate and the taxpayer's ability to pay, as measured by assets, consumption, or income. These taxes tend to reduce the tax burden of the people with a higher ability to pay, as they shift the relative burden increasingly to those with a lower ability to pay. The regressivity ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Emissions Trading
Emissions trading is a market-based approach to controlling pollution by providing economic incentives for reducing the emissions of pollutants. The concept is also known as cap and trade (CAT) or emissions trading scheme (ETS). Carbon emission trading for and other greenhouse gases has been introduced in China, the European Union and other countries as a key tool for climate change mitigation. Other schemes include sulfur dioxide and other pollutants. In an emissions trading scheme, a central authority or governmental body allocates or sells a limited number (a "cap") of permits that allow a discharge of a specific quantity of a specific pollutant over a set time period. Polluters are required to hold permits in amount equal to their emissions. Polluters that want to increase their emissions must buy permits from others willing to sell them. Emissions trading is a type of flexible environmental regulation that allows organizations and markets to decide how best to meet policy t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carbon Price
Carbon pricing (or pricing), also known as cap and trade (CAT) or emissions trading scheme (ETS), is a method for nations to reduce global warming. The cost is applied to greenhouse gas emissions in order to encourage polluters to reduce the combustion of coal, oil and gas – the main driver of climate change. The method is widely agreed and considered to be efficient. Carbon pricing seeks to address the economic problem that emissions of and other greenhouse gases (GHG) are a negative externality – a detrimental product that is not charged for by any market. A carbon price usually takes the form of a carbon tax or carbon emission trading, a requirement to purchase allowances to emit. 21.7% of global GHG emissions are covered by carbon pricing in 2021, a major increase due to the introduction of the Chinese national carbon trading scheme. Regions with carbon pricing include most European countries and Canada. On the other hand, top emitters like India, Russia, the Gulf ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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