Carbon pricing approaches

Carbon pricing internalizes the external costs of greenhouse gas emissions into the economic system, driving businesses and individuals to reduce their carbon footprint. This lecture examines two primary methods: carbon taxes and emissions trading systems. Aaron Cosbey explores their complexities, advantages, and challenges, along with those of border carbon adjustment mechanisms.

This course was developed by the Columbia Center on Sustainable Investment (CCSI); supported by the African Legal Support Facility, Anglo American, and Ford Foundation; produced by Econ Films; and hosted by SDG Academy. It is licensed under the CC BY-NC-SA license. This video is not available under a Creative Commons license and should not be considered open content. However, the video is freely available for viewing or sharing with individuals or groups for educational purposes, such as in a classroom, workshop, or training. Please give attribution to the SDG Academy. Content may not be used for commercial purposes.