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Carbon pricing initiative to combat climate change

Smart City Chirine Etezadzadeh

Will carbon pricing will help to cut emissions? Image source: Shutterstock (#552986125).

The Carbon Pricing Leadership Coalition (CPLC) is an initiative with the goal to shift the costs, social as well as economic, of carbon from the public to the polluter. 30 governments and more than 180 businesses and strategic partners are working together to leave future generations with a cleaner planet.

To do that, the initiative wants to put a value on carbon dioxide emissions. Polluting for free cannot be free in this day and age. While the main goal of carbon pricing is to get businesses to clean up their operations, but it has other benefits. It generates revenue that can be used for clean energy, education, and health care, for instance.

 

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