A carbon tax is a tax levied on the carbon emissions from producing goods and services. Carbon taxes are intended to make visible the hidden social costs of carbon emissions. They are designed to reduce greenhouse gas emissions by essentially increasing the price of fossil fuels. This both decreases demand for goods and services that produce high emissions and incentivizes making them less carbon-intensive. When a fossil fuel such as coal, petroleum, or natural gas is burned, most or all of its carbon is converted to CO2. Greenhouse gas emissions cause climate change. This negative externality can be reduced by taxing carbon content at any point in the product cycle.
Sasol Limited is an integrated energy and chemical company based in Sandton, South Africa. The company was formed in 1950 in Sasolburg, South Africa, and built on processes that German chemists and engineers first developed in the early 1900s. Today, Sasol develops and commercializes technologies, including synthetic fuel technologies, and produces different liquid fuels, chemicals, coal tar, and electricity.
Climate change mitigation (or decarbonisation) is action to limit the greenhouse gases in the atmosphere that cause climate change. Climate change mitigation actions include conserving energy and replacing fossil fuels with clean energy sources. Secondary mitigation strategies include changes to land use and removing carbon dioxide (CO2) from the atmosphere. Current climate change mitigation policies are insufficient as they would still result in global warming of about 2.7 °C by 2100, significantly above the 2015 Paris Agreement's goal of limiting global warming to below 2 °C.
A carbon footprint (or greenhouse gas footprint) is a calculated value or index that makes it possible to compare the total amount of greenhouse gases that an activity, product, company or country adds to the atmosphere. Carbon footprints are usually reported in tonnes of emissions (CO2-equivalent) per unit of comparison. Such units can be for example tonnes CO2-eq per year, per kilogram of protein for consumption, per kilometer travelled, per piece of clothing and so forth. A product's carbon footprint includes the emissions for the entire life cycle. These run from the production along the supply chain to its final consumption and disposal.
Carbon accounting is a framework of methods to measure and track how much greenhouse gas (GHG) an organization emits. It can also be used to track projects or actions to reduce emissions in sectors such as forestry or renewable energy. Corporations, cities and other groups use these techniques to help limit climate change. Organizations will often set an emissions baseline, create targets for reducing emissions, and track progress towards them. The accounting methods enable them to do this in a more consistent and transparent manner.
Secunda CTL is a synthetic fuel plant owned by Sasol at Secunda, Mpumalanga in South Africa. It uses coal liquefaction to produce petroleum-like synthetic crude oil from coal. The process used by Sasol is based on the Fischer–Tropsch process. It is the largest coal liquefaction plant and the largest single emitter of greenhouse gas in the world.
Greenhouse gas (GHG) emissions from human activities intensify the greenhouse effect. This contributes to climate change. Carbon dioxide, from burning fossil fuels such as coal, oil, and natural gas, is one of the most important factors in causing climate change. The largest emitters are China followed by the United States. The United States has higher emissions per capita. The main producers fueling the emissions globally are large oil and gas companies. Emissions from human activities have increased atmospheric carbon dioxide by about 50% over pre-industrial levels. The growing levels of emissions have varied, but have been consistent among all greenhouse gases. Emissions in the 2010s averaged 56 billion tons a year, higher than any decade before. Total cumulative emissions from 1870 to 2022 were 703 GtC, of which 484±20 GtC from fossil fuels and industry, and 219±60 GtC from land use change. Land-use change, such as deforestation, caused about 31% of cumulative emissions over 1870–2022, coal 32%, oil 24%, and gas 10%.
The United States produced 5.2 billion metric tons of carbon dioxide equivalent greenhouse gas (GHG) emissions in 2020, the second largest in the world after greenhouse gas emissions by China and among the countries with the highest greenhouse gas emissions per person. In 2019 China is estimated to have emitted 27% of world GHG, followed by the United States with 11%, then India with 6.6%. In total the United States has emitted a quarter of world GHG, more than any other country. Annual emissions are over 15 tons per person and, amongst the top eight emitters, is the highest country by greenhouse gas emissions per person.
Carbon monitoring as part of greenhouse gas monitoring refers to tracking how much carbon dioxide or methane is produced by a particular activity at a particular time. For example, it may refer to tracking methane emissions from agriculture, or carbon dioxide emissions from land use changes, such as deforestation, or from burning fossil fuels, whether in a power plant, automobile, or other device. Because carbon dioxide is the greenhouse gas emitted in the largest quantities, and methane is an even more potent greenhouse gas, monitoring carbon emissions is widely seen as crucial to any effort to reduce emissions and thereby slow climate change.
Greenhouse gas emissions by Australia totalled 533 million tonnes CO2-equivalent based on greenhouse gas national inventory report data for 2019; representing per capita CO2e emissions of 21 tons, three times the global average. Coal was responsible for 30% of emissions. The national Greenhouse Gas Inventory estimates for the year to March 2021 were 494.2 million tonnes, which is 27.8 million tonnes, or 5.3%, lower than the previous year. It is 20.8% lower than in 2005. According to the government, the result reflects the decrease in transport emissions due to COVID-19 pandemic restrictions, reduced fugitive emissions, and reductions in emissions from electricity; however, there were increased greenhouse gas emissions from the land and agriculture sectors.
The environmental impact of the energy industry is significant, as energy and natural resource consumption are closely related. Producing, transporting, or consuming energy all have an environmental impact. Energy has been harnessed by human beings for millennia. Initially it was with the use of fire for light, heat, cooking and for safety, and its use can be traced back at least 1.9 million years. In recent years there has been a trend towards the increased commercialization of various renewable energy sources. Scientific consensus on some of the main human activities that contribute to global warming are considered to be increasing concentrations of greenhouse gases, causing a warming effect, global changes to land surface, such as deforestation, for a warming effect, increasing concentrations of aerosols, mainly for a cooling effect.
As of 2011, South Africa produces in excess of 255 million tonnes of coal and consumes almost three-quarters of that domestically. As of 2018, South Africa was the seventh largest producer and consumer of coal in the world. The industry, as of 2015, employs about 80,000 workers, or .5% of total employment, down from a peak in 1981 of 135,000 workers. The coal industry is South Africa's largest contribution to the greenhouse gases that cause climate change.
In 2021, net greenhouse gas (GHG) emissions in the United Kingdom (UK) were 427 million tonnes (Mt) carbon dioxide equivalent, 80% of which was carbon dioxide itself. Emissions increased by 5% in 2021 with the easing of COVID-19 restrictions, primarily due to the extra road transport. The UK has over time emitted about 3% of the world total human caused CO2, with a current rate under 1%, although the population is less than 1%.
Climate change has far reaching impacts on the natural environment and people of Finland. Finland was among the top five greenhouse gas emitters in 2001, on a per capita basis. Emissions increased to 58.8 million tonnes in 2016. Finland needs to triple its current cuts to emissions in order to be carbon neutral by 2035. Finland relies on coal and peat for its energy, but plans to phase out coal by 2029. Finland has a target of carbon neutrality by the year 2035 without carbon credits. The policies include nature conservation, more investments in trains, changes in taxation and more sustainable wood burning. After 2035 Finland will be carbon negative, meaning soaking more carbon than emitting.
Increasing methane emissions are a major contributor to the rising concentration of greenhouse gases in Earth's atmosphere, and are responsible for up to one-third of near-term global heating. During 2019, about 60% of methane released globally was from human activities, while natural sources contributed about 40%. Reducing methane emissions by capturing and utilizing the gas can produce simultaneous environmental and economic benefits.
Coal, cars and lorries vent more than a third of Turkey's six hundred million tonnes of annual greenhouse gas emissions, which are mostly carbon dioxide and part of the cause of climate change in Turkey. The nation's coal-fired power stations emit the most carbon dioxide, and other significant sources are road vehicles running on petrol or diesel. After coal and oil the third most polluting fuel is fossil gas; which is burnt in Turkey's gas-fired power stations, homes and workplaces. Much methane is belched by livestock; cows alone produce half of the greenhouse gas from agriculture in Turkey.
China's total greenhouse gas emissions are the world's highest of any country, accounting for 35% of the world's total according to the International Energy Agency. The country's per capita greenhouse gas emissions are the 34th highest of any country, as of 2023.
Greenhouse gas emissionsbyRussia are mostly from fossil gas, oil and coal. Russia emits 2 or 3 billion tonnes CO2eq of greenhouse gases each year; about 4% of world emissions. Annual carbon dioxide emissions alone are about 12 tons per person, more than double the world average. Cutting greenhouse gas emissions, and therefore air pollution in Russia, would have health benefits greater than the cost. The country is the world's biggest methane emitter, and 4 billion dollars worth of methane was estimated to leak in 2019/20.
