Carbon pricing: how does a cap-and-trade system work?

Chris Ragan explains how a cap-and-trade system works. Companies who can take more low-cost actions do so. This reduces emissions at the lowest possible cost to the economy, while meeting the cap on emissions set by the government.
Learn more: ecofiscal.ca/carbon-pricing-works

[@kingreggs]

Some professors just set us up for failure 🤦‍♂️ thank you for this explanation!

[@basujaisee1998]

A true fact- 1ST STEP) SEE KNOWLEDGEABLE VIDEOS LIKE THIS.
2ND STEP) READ THE MENTIONED TOPIC IN THE VIDEO FROM YOUR NOTES OR BOOKS.
3RD STEP) WRITE WHATEVER YOU UNDERSTOOD.
I really found it beneficial and you too will ✌️

[@renewablefuelsanalyst8263]

this is a good explanation. The only issue I have with carbon capping is that the end user will pay for all these permits these companies need to purchase or the expensive investments they need to make to emit less emissions in order to do business. This in effect is like a tax on companies that they will obviously push onto the customer and it will affect the poor the most as price fluctuations affect poor people the most

[@anupadasgupta802]

As a newbie this is great !

[@peterw328]

How are the emissions measured? How do they know how much carbon one company is producing and can they cheat?

[@user-xedwsg]

This is a crucial question

[@meow_imacatbruh]

Based on the government decision

[@Ausiedundan]

That was the best explanation I've heard so far!

[@clarisagarcia4411]

These are the best teaching videos ever!

[@kallanaBr]

I missed a visual explanation of the costs and opportunities. Great video though!

[@muratunel]

Murat was here. TFS (Thanks For Sharing)

[@vinissues4634]

The polution still the same, but now they are marketized

[@ajstyles673]

Waha master
ak no bola tum❤️❤️❤️❤️❤️

[@flophe]

gosh nice audio and good quality i love the video

[@garikinasuresh8352]

amazing

[@hydrogentv]

Awesome~~^^🎉🎉

[@chloroformed8692]

people are already incentivized to reduce greenhouse gases as much as they can because fuel costs money

[@calin6327]

Fuel is just energy... They will just buy a different type..

[@user-zc7uq7qq2s]

GRIFT
GRAFT
GRIFT
GRAFT
GRIFT
...WHAT GRIFTERS DO

[@thatsmysidehustle4261]

all it does is make everything more expensive have yet found how they even measure the emissions and money isn’t going towards planting trees or you know natural carbon filters

[@Jawacreates]

Background music is overpowering and so annoying

[@arcticfoxvikingseaking2206]

Company A and B will both leave the country.

[@ogClownBaby]

What a scam.

[@choupi0645]

Just another format of derivative