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University of Auckland Department of Engineering ScienceGlobal Optimisation Carbon Pricing Initiative (GOCPI) Author: Connor McDowall Supervisor: Rosalind ArcherOctober 29, 2020University of AucklandGOCPIConnor
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Research the basics of carbon pricing and why it matters for reducing greenhouse gas emissions
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Carbon pricing matters as it provides an economic incentive to reduce greenhouse gas emissions by assigning a cost to carbon emissions, thereby encouraging companies and individuals to adopt cleaner practices.
Entities that exceed a certain carbon emissions threshold are typically required to file regarding carbon pricing matters, which may include corporations, industries, and certain government bodies.
To fill out the carbon pricing report, entities must gather emissions data, calculate their carbon footprint, and complete the required forms accurately, often following the guidelines provided by regulatory authorities.
The purpose is to promote awareness and accountability for carbon emissions, ultimately aiming to reduce climate change impacts by guiding investment and operational decisions.
Information typically required includes total greenhouse gas emissions, any offsets purchased, and the carbon price applied, along with detailed financial data regarding carbon costs.
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