Carbon is a clean picturesque village with paved, quiet streets lined with trees. An abundance of services are available either in the municipality or within a half hour's drive to nearby Three Hills or Drumheller make the village an excellent choice for retirement, starting a business or raising a family.

Several gas plants are located in the area and the local economy remains stable with the assistance of several large employers. Developed recreational facilities also lend to the landscape of Carbon.

Ranch settlement in the Carbon district began in the late 1800's. At the time, coal mines were already operating in the region, and they continued to operate until the late 1950's.

The Carbon district has a very colorful and interesting history. Ranching, farming and coal mining were the major activities of the early non-native inhabitants. The name Carbon was suggested by L.D. Elliot, an area rancher, and was adopted for the new post office opened on October 1, 1904. The Village was incorporated in 1912.