Carbon credit refers to a permit allowing a company or state to emit a ton of carbon dioxide awarded to firms that have decreased the emission of greenhouse gasses below their quota. It follows that a country that produces carbon beyond its quota needs to purchase carbon credits from the energy-efficient ones (those producing less) in what economists call “cap-and-trade.” Although most people believe that the cap-and-trade on carbon emission works, I think this is a false assumption. Some economists opine that funds raised from trading on carbon credits would help them come up with alternative fuels reducing the ...
Essays on Carbon Credit
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LifeStraw: Science and Technology
LifeStraw is a product developed by the Swiss company Vestergaard Frandsen, which consists of a water filter that removes 99.99% of waterborne bacteria, protozoan parasites and viruses, allowing the user to obtain clean drinking water directly from containers, streams, lakes or other sources of potentially contaminated water. The Oxford Dictionary defines science as the intellectual and practical activity encompassing the systematic study of the structure and behavior of the physical and natural world through observation and experiment. In order to develop the LifeStraw, scientific experiments were conducted to understand the process of water purification and develop an innovative method ...