carbon pricing and corporate responsibility
Carbon pricing refers to the practice of assigning a monetary value to carbon emissions, allowing companies to be charged for the greenhouse gases they produce. Corporate responsibility, on the other hand, consists of a company's ethical obligation to take actions that mitigate the negative impacts on the environment and society. The concept of "carbon pricing and corporate responsibility" encapsulates the idea that companies should be financially accountable for their carbon emissions and be socially responsible by actively addressing and reducing their environmental impact.
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