June 19, 2009

Reduce carbon emissions around the world

To reduce the use of carbon.Carbone taxes may be applied in Bangladesh.
Carbon taxes are a of set tax rate that placed on the consumption of carbon in any form—fossil-fuel electricity, gasoline—with the idea that raising the price will encourage industries and individuals to consume less.

A 10% flat carbon tax might reduce the demand for carbon about 5% or less, according to an analysis by the Carbon Tax Center, an environmental advocacy group. That may not be enough. Businesses and governments haven't figured out how the two competing regimes can work together, but in the end, the world may need both.

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