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JEREMIAH EHIGHA AGBO-IYI
• Father of 3.
• Love the outdoors
• Pentecostal faith
• Senior @ UH.
• Over ten year in
• Energy Alloys.
• Goodman mfg
1. WHAT IS CARBON.
2. WHAT IS CARBON TAX
3. CAP AND TRADE
4. EFFECT OF CARBON IN THE ATMOSPHERE
5. THE RELATIONSHIP BETWEEN CARBON TAX AND TRANSPORTATION
6. HOW TO REDUCE CARBON
WHAT IS CARBON
Carbon monoxide (CO) is a colorless, odorless gas emitted from combustion processes. Nationally and,
particularly in urban areas, the majority of CO emissions to ambient air come from automobile sources.
CO2 is the fourth most abundant gas in the earth’s atmosphere. CO2 is a byproduct of normal cell
function. It is removed from the body via the lungs in the exhaled air.
CO2 is also produced when fossil fuels are burned. Decaying vegetation can also produce CO2. Surface
soils can sometimes contain high concentrations of this gas, from decaying vegetation or chemical changes
in the bedrock.
Carbon is causing damage to the atmosphere by causing and increasing global warming.
WHAT IS CARBON TAX
• The problem with global warming is the way we live. However, we are not likely to change our behavior
and inconvenience ourselves unless we are either punished or rewarded.
• A carbon tax is a tax on the carbon content of fossil fuels such as coal, natural gas, and oil. The tax is
imposed in order to encourage people and firms to use less of these fuels, which contribute to
greenhouse gases in the atmosphere
• Carbon tax is an economic instrument aimed either to make environmentally damaging behavior cost
more or to make environmentally sound behavior more profitable. Polluters are not told what to do;
rather, they find it expensive to continue in their old ways. They have a financial incentive to reduce
• A carbon tax increases the price of CO2–emitting energy sources, making investments in cleaner,
alternative energy generation a more competitive and financially attractive way of generating power.
CAP AND TRADE
Cap and trade is the most environmentally and economically sensible approach to controlling greenhouse
gas emissions, the primary driver of global warming.
• Carbon trading, sometimes called emissions trading, is a market-based tool to limit GHG. The carbon
market trades emissions under cap-and-trade schemes or with credits that pay for or offset GHG
• The scheme's governing body begins by setting a cap on allowable emissions. It then distributes or
auctions off emissions allowances that total the cap. Member firms that do not have enough
allowances to cover their emissions must either make reductions or buy another firm's spare credits.
Members with extra allowances can sell them or bank them for future use. Cap-and-trade schemes can
be either mandatory or voluntary.
EFFECT OF CARBON IN THE ATMOSPHERE
Scientists are confident that many of the observed changes in the climate can be linked to the increase in
greenhouse gases in the atmosphere, caused largely by people burning fossil fuels to generate electricity,
heat and cool buildings, and vehicles.
Causing the Earth's climate to change. Temperatures are rising, snow and rainfall patterns are shifting, and
more extreme climate events—like heavy rainstorms and record high and low temperatures.
CO can cause harmful health effects by reducing oxygen delivery to the body's organs (like the heart and
brain) and tissues. At extremely high levels, CO can cause death.
THE EFFECT OF CARBON TAX ON TRANSPORTATION.
Greater government assistance
and tax reform is required to
assist transportation business in
dealing with the carbon tax and
So many policies are put in place
that are aimed at fuel
The government made it possible
for business to access incentives
to retire their older vehicles,
encouraging the choice of
Public transport is generally
considered the most efficient
way to move people in dense
urban areas. Such as buses and
Introduction of Park and ride.
The subsidiaries for the
introduction and manufacturing
of electric cars.
Most transportation businesses
in the industry are committed to
technologies this will require
additional expenditure and
commitments to research and
Research has proved that the
excise (fuel tax) on aviation will
rise and nearly double over the
transition period and this will
have an impact on margins.
HOW TO REDUCE CARBON
Planting of trees.
codified annually in
the U.S. Code of
(CFR). Title 40:
Environment is the
section of the CFR
that deals with
EPA's mission of
health and the