Title

The Global Carbon Pricing Policy Solution to Climate Change

Date of Award

5-31-2007

Document Type

Capstone Project

Disciplines

Environmental Policy & Mgmt

Degree Name

Master of Applied Science

Department

Environmental Policy And Management

Advisor

Kenneth Knox

Keywords

Carbon dioxide mitigation; carbon price; clean energy; climate change; Climatic changes; coal; energy; environment; Environmental policy; global; global policy; Global warming; precautionary approach

Abstract

While the topic of climate change is controversial, the world needs to take a precautionary approach to reduce carbon dioxide emissions. With growing populations and increasing energy demands, solutions to cleaner energy need to be developed and implemented. In order to successfully reduce carbon dioxide emissions, a global carbon pricing policy needs to be developed that includes all countries and allows each region to utilize the best clean energy technology options along with economic incentives that will be the most effective. The research conducted in this project validates the hypothesis that placing a monetary price on carbon will allow natural, technological, and financial resources to come together to implement a feasible energy solution that will reduce global carbon dioxide emissions.

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