carbon pricing and economic competitiveness

Carbon pricing refers to the implementation of a financial cost on greenhouse gas emissions to discourage their production and consumption. Economic competitiveness, on the other hand, refers to the ability of a country, industry, or company to outperform others in terms of productivity, innovation, and profitability. When discussing "carbon pricing and economic competitiveness," it refers to the relationship between the financial implications of carbon pricing policies on industries and their ability to remain competitive in the global market.

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