Carbon pricing

From ACT Wiki
Jump to navigationJump to search
The printable version is no longer supported and may have rendering errors. Please update your browser bookmarks and please use the default browser print function instead.

Environmental policy - carbon footprint - cap and trade - emission trading scheme.

In a cap and trade greenhouse gas emission trading scheme, the carbon price is the market price of the right to emit one tonne of carbon dioxide (CO2), or its equivalent in other greenhouse gases.

Such a right is known as a carbon credit, or an Allowance.


See also