Carbon emission tradingEmission trading (ETS) for carbon dioxide (CO2) and other greenhouse gases (GHG) is a form of carbon pricing; also known as cap and trade (CAT) or carbon pricing. It is an approach to limit climate change by creating a market with limited allowances for emissions. This can lower competitiveness of fossil fuels and accelerate investments into low carbon sources of energy such as wind power and photovoltaics. Fossil fuels are the main driver for climate change. They account for 89% of all CO2 emissions and 68% of all GHG emissions.
Present valueIn economics and finance, present value (PV), also known as present discounted value, is the value of an expected income stream determined as of the date of valuation. The present value is usually less than the future value because money has interest-earning potential, a characteristic referred to as the time value of money, except during times of zero- or negative interest rates, when the present value will be equal or more than the future value. Time value can be described with the simplified phrase, "A dollar today is worth more than a dollar tomorrow".
Atmosphere of MarsThe atmosphere of Mars is the layer of gases surrounding Mars. It is primarily composed of carbon dioxide (95%), molecular nitrogen (2.8%), and argon (2%). It also contains trace levels of water vapor, oxygen, carbon monoxide, hydrogen, and noble gases. The atmosphere of Mars is much thinner than Earth's. The average surface pressure is only about which is less than 1% of the Earth's value. The currently thin Martian atmosphere prohibits the existence of liquid water on the surface of Mars, but many studies suggest that the Martian atmosphere was much thicker in the past.
Atmosphere of VenusThe atmosphere of Venus is primarily of supercritical carbon dioxide and is much denser and hotter than that of Earth. The temperature at the surface is 740 K (467 °C, 872 °F), and the pressure is , roughly the pressure found underwater on Earth. The Venusian atmosphere supports opaque clouds of sulfuric acid, making optical Earth-based and orbital observation of the surface impossible. Information about the topography has been obtained exclusively by radar imaging. Aside from carbon dioxide, the other main component is nitrogen.
IsopreneIsoprene, or 2-methyl-1,3-butadiene, is a common volatile organic compound with the formula CH2=C(CH3)−CH=CH2. In its pure form it is a colorless volatile liquid. It is produced by many plants and animals (including humans) and its polymers are the main component of natural rubber. C. G. Williams named the compound in 1860 after obtaining it from the pyrolysis of natural rubber; he correctly deduced the empirical formula C5H8. Isoprene is produced and emitted by many species of trees (major producers are oaks, poplars, eucalyptus, and some legumes).
BPBP p.l.c. (formerly The British Petroleum Company p.l.c and BP Amoco p.l.c) is a British multinational oil and gas company headquartered in London, England. It is one of the oil and gas "supermajors" and one of the world's largest companies measured by revenues and profits. It is a vertically integrated company operating in all areas of the oil and gas industry, including exploration and extraction, refining, distribution and marketing, power generation, and trading.
Atmosphere of the MoonThe atmosphere of the Moon is a very scant presence of gases surrounding the Moon. For most practical purposes, the Moon is considered to be surrounded by vacuum. The elevated presence of atomic and molecular particles in its vicinity compared to interplanetary medium, referred to as "lunar atmosphere" for scientific objectives, is negligible in comparison with the gaseous envelopes surrounding Earth and most planets of the Solar System. The pressure of this small mass is around , varying throughout the day, and in total mass less than 10 metric tonnes.
Cap and ShareCap and Share is a regulatory and economic framework for controlling the use of fossil fuels in relation to climate stabilisation. Originally developed by Feasta (the Foundation for the Economics of Sustainability), the foundation believed that climate change is a global problem and that there is a need to cap and reduce greenhouse gas emissions globally, the philosophy of Cap and Share maintains that the earth’s atmosphere is a fundamental common resource.
