

0. Welcome to Pricing Nature
Jan 29, 2021
Dive into the urgent world of carbon pricing as a key solution to combat climate change. Discover the pivotal role these policies play in national climate strategies, especially after the U.S. rejoined the Paris Climate Agreement. Hear from a diverse range of experts—from politicians to activists—who stress the importance of public engagement and education in climate discussions. This exploration reveals the complex interplay of economics and environmental responsibility.
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Importance of Carbon Pricing Strategy
- Carbon pricing is a critical strategy for nations to reduce their carbon footprint and combat climate change.
- Understanding the economics, politics, and history of carbon pricing helps clarify why it is vital today.
Understanding Social Cost of Carbon
- The social cost of carbon quantifies the damage caused by each ton of CO2 in dollar terms.
- This metric helps policymakers understand the economic impact of carbon emissions and justify pricing strategies.
Comprehensive & Adequate Carbon Pricing
- Include as many pollution sources as possible in a carbon pricing program to maximize impact.
- Putting too low a price on carbon, like $5 per ton, would be ineffective and disappointing.