1. Science Research Lab - Biomass
Carbon tax is a form of pollution tax. ... Companies can plan well in advance to be allowed fewer and fewer permits, less global warming pollution each year. ... If a company is able to cut its pollution easily and cheaply, it can end up with extra allowances. ... This provides a powerful incentive for creativity, energy conservation and investment, like companies can turn pollution cuts into dollars. ... There is much discussion about whether a carbon tax or a cap-and-trade system is the best way to put a price in greenhouse gas pollution. ...
- Word Count: 1387
- Approx Pages: 6
- Grade Level: Undergraduate