Going Green

Decarbonising the World

September 03, 2021 Philip Russell / Paul Russell Season 1 Episode 15
Going Green
Decarbonising the World
Show Notes

Decarbonising the world isn't about getting rid of the carbon - that’s impossible, but it all about managing the resource. Carbon Taxes can be applied to industries to push them in the right direction allowing the more efficient companies to trades carbon credits with other companies by setting caps and allowing trade. Carbon Coins are used to reward companies for not emitting carbon. The systems all come down to money. Either raising money in the form of taxes for those companies who must make carbon  dioxide as part of their business like the cement industry and paying  other companies who might be investing in wind and solar power. Generating this revenue means that the money can be spent on research and infrastructure and justice. Changing what we do needs to be done, and it needs to be done quickly.