When the price of carbon-intensive fuels and goods increases, the government takes in new revenues. These funds can lower taxes, reduce the federal deficit and more while curbing climate change.
Some reports say Japan will set a target to reduce its greenhouse gases 20 percent below 2013 levels by 2030. Research shows that the country can go much further, achieving reductions of 31-37 percent by 2030.
In Mexico City's commercial Santa Fe district, employees spend $1,700 a year on vehicle maintenance and the equivalent of 26 days commuting to and from work.