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.

[kingreggs]

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

[luffyzoro]

got confused in lecture and came here...
what an explanation! thanks

[basujaisee]

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 ✌️

[renewablefuelsanalyst]

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

[peterw]

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

[Ausiedundan]

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

[clarisagarcia]

These are the best teaching videos ever!

[kallanaBr]

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

[vinissues]

The polution still the same, but now they are marketized

[muratunel]

Murat was here. TFS (Thanks For Sharing)

[flophe]

gosh nice audio and good quality i love the video

[ajstyles]

Waha master
ak no bola tum❤️❤️❤️❤️❤️

[meeranraees]

150 dallors per Beral crude oil refining taxes

[Jawacreates]

Background music is overpowering and so annoying

[meeranraees]

In the hunder rules regulations of general scientist globally peace taxes celleding

[meeranraees]

250 dallors per ton still and metals and 100 dallors per ton cement production taxes

[chloroformed]

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

[thatsmysidehustle]

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

[meeranraees]

500 dallors per ton natural gas and coal burning taxes

[meeranraees]

500 dallors per ton chemical and rubber and plastic waste fuel products carbon taxes