Consumers and senior retail executives were surveyed in tandem to compare perceptions and preferences for sustainable products, shopping formats, and the influences driving sustainable purchase decisions.
CAP AND TRADE
A government sets a ceiling, or cap, on the total amount of carbon emissions it will allow in a certain time period. Companies who want to increase their emissions must buy permits from those companies who are polluting less.
CARBON TAX
A fee imposed by the government on each tonne of CO2 emitted by companies. Simpler to implement than a cap and trade system, but less popular with companies.
This might happen be happening sooner than later.
https://www.ft.com/content/d9806361-c62d-40db-80d4-f51490709df5
I am in complete support of this! A footprint label can bring to light companies that use unethical practices in their manufacturing processes.
This is exactly what eco-conscious consumers need to make informed decisions.
CAP AND TRADE
A government sets a ceiling, or cap, on the total amount of carbon emissions it will allow in a certain time period. Companies who want to increase their emissions must buy permits from those companies who are polluting less.
CARBON TAX
A fee imposed by the government on each tonne of CO2 emitted by companies. Simpler to implement than a cap and trade system, but less popular with companies.