Carbon pricing mechanisms exist on every continent, with Scandinavian countries leading the way in the early 1990’s and the first North American jurisdiction to introduce carbon price occurring in Alberta in 2007.
Globally, since 1990, over 51 jurisdictions have put a price on carbon, including China (2017), the EU (2005), Japan (2012), and California (2012). Globally, national, sub-national, and regional governments continue to price carbon, either through a tax or a cap-and-trade system.
Over time, we are able to assess which conditions stimulate growth and program algorithms that automatically maintain these conditions. While we have yet to commercially deploy our platform to greenhouses or open environments, our R&D efforts have produced promising results.
How Pond Technologies is going to help address the massive global issue of climate change
Climate Changemakers: Pond Technologies – Peter Howard
Pond Technologies’ platform to transform carbon dioxide into algae products for revenue
This allows us to evolve the technology in our system, grow different crops aside from algae, and apply our platform to different sources of industrial exhaust – gas, fluid, or solid.