In these markets, carbon credits are purchased and traded to compensate for greenhouse gas emissions Greg Daugherty has worked 25+ years as an editor and writer for major publications and websites. He ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Erika Rasure is globally-recognized as a leading consumer economics subject matter expert, ...

Carbon taxes have a central role in reducing greenhouse gases Deterring the burning of fossil fuels is crucial to reducing the accumulation of heat-trapping greenhouse gases in the earth’s atmosphere.