Environment, GS-3, Uncategorized

Putting a global price on carbon: Carbon Tax

WHAT’S A CARBON TAX, AND HOW DOES IT REDUCE EMISSIONS? A carbon dioxide tax is a tax on businesses and industries that produce carbon dioxide through their operations. The tax is designed to reduce the output of greenhouse gases and carbon dioxide, a colorless and odorless incombustible gas, into the atmosphere. The tax is imposed with… Continue reading Putting a global price on carbon: Carbon Tax

Environment, GS-3, Uncategorized

Renewables are not enough

Article Link Summary: World leaders, on April 22, ratified the global climate agreement reached in Paris last December. The agreement requires 195 countries to limit global warming to well below 2°C above pre-industrial levels, with the goal of not exceeding 1.5°C. The countries have also committed to “intended nationally determined contributions” (INDCs) to limit or… Continue reading Renewables are not enough

Editorials, Environment, GS-3, Uncategorized

Making Paris Agreement work

The recently concluded 21st session of the Conference of Parties (COP21) and its outcome agreement have evoked mixed responses across the world. India is happy about the fact that Prime Minister Narendra Modi’s words such as ‘equity’, ‘climate justice’, ‘sustainable lifestyle’ and ‘reducing consumption’ have been kept intact in the agreement. However, it must be… Continue reading Making Paris Agreement work