Mongabay series: Environment Explained

All the what, why and how of the environment, explained. In this series, we break down complex concepts of the natural world into simple, easy-to-digest explainers. With our expertise in environment and conservation, we guide you through aspects of the topic that you are curious about and help you make sense of the news around you.

[Explainer] What is carbon pricing?

In the 1920s, a British economist, Arthur Pigou, highlighted the social benefits of making industries pay for the costs of the pollution they caused. In time, this concept was taken…