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This means if carbon can be stored by forests and soil, the greenhouse gases also will be controlled. Ierland (2003, p.161), a professor of Environmental and Natural Resource Economics of Wageningen University in the Netherlands, said that âCarbon sequestration and biomass offer the opportunity to slow down the increase in atmospheric [carbon dioxide] concentration considerably...
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Limiting the emission of greenhouse gases by law set equally for all users worldwide. This would achieve a given reduction in the use of carbon at the lowest cost. For example, factories would get a fine if they released more carbon dioxide than the limited amount by law. The power of law will efficiently control the greenhouse gas emissions caused by industrial companies...
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