carbon pricing and industrial competitiveness
Carbon pricing is a policy tool that puts a financial cost on greenhouse gas emissions, aiming to encourage industries to reduce their carbon footprint. Industrial competitiveness refers to the ability of businesses to operate effectively and thrive in competitive markets. The term "carbon pricing and industrial competitiveness" refers to the impact of carbon pricing policies on the competitiveness of industries, including their ability to remain profitable and globally competitive while complying with emission reduction measures.
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