________________________________________________________________________________________ Carbon Currency
costs and cut into profits . In Australia , for example , the coal industry has vocally opposed the country ’ s carbon pricing model , arguing that it would harm the economy and cost jobs . Lack of public awareness and support is another ongoing issue , as much of society is not yet aware of the benefits of carbon currency .
Understanding carbon as a currency is ultimately critical for anyone who wants to be part of the solution to climate change and the transition to a sustainable future . Through comprehension of this concept and its implications , individuals and organizations can take action to reduce their carbon footprint , invest in low-carbon technologies and infrastructure , and position themselves for success in a rapidly changing world . ■
For a list of the sources used in this article , please contact the editor .
Katelyn Baxter
Katelyn Baxter is a corporate strategy consultant and advisor . With almost 20 years of energy industry experience , and having held positions in various international locations , Katelyn brings her unique insights and perspectives to forming robust and implementable strategies that drive sustainable energy solutions . Katelyn is skilled in designing , leading , and implementing commercial and strategic growth , realignment and transformation initiatives that enhance profitability , boost decarbonization or balance risks . Connect with her here : www . linkedin . com / in / katelyn-baxter-24984681 /
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