By Ken Fullerton. Globally, around 1.6 billion people lack access to adequate housing, and it’s estimated that $11 trillion will be required to meet the current housing shortage. With a growing global population, finite resources and the effects of climate change it is evident that innovative solutions will be required. Nabeel Siddiqui, who represented Pakistan … Read more
Carbon pricing means putting a price on carbon emissions to mitigate global climate change. A carbon tax is a form of carbon pricing. Another option is a permit-based emissions trading system (ETS). The European Union created the EU ETS, the world’s first major carbon market on which companies are allowed a limited number of emission permits. It helped the EU put a cap on the level of greenhouse gas emissions.