WILLIAMPEDIA

Carbon pricing is an economic policy approach aimed at reducing greenhouse gas emissions by assigning a monetary cost to carbon dioxide (CO2) emissions. This concept is grounded in the idea that putting a price on carbon encourages businesses, industries, and consumers to reduce their carbon footprint and transition towards more sustainable practices. By internalizing the environmental costs associated with carbon emissions, carbon pricing seeks to promote cleaner technologies and energy sources.

Carbon sequestration is the process of capturing and storing atmospheric carbon dioxide (CO2) in order to mitigate climate change. It is recognized as a critical strategy for reducing greenhouse gas concentrations in the atmosphere and stabilizing global temperatures. Carbon sequestration can occur naturally through biological processes or be facilitated through technological interventions.

Online banking refers to the use of internet-based platforms to conduct financial transactions and manage banking accounts. This form of banking allows individuals and businesses to access their bank accounts remotely, providing convenience and efficiency in managing financial activities. Online banking has become increasingly popular since its inception in the late 1990s, driven by advancements in technology and the growing reliance on digital services.