carbon pricing and market competitiveness
Carbon pricing refers to policies or mechanisms that place a monetary value on greenhouse gas emissions, typically in the form of a tax or the creation of a market for emission allowances. Market competitiveness, on the other hand, refers to the ability of businesses or industries to effectively compete in a market by offering goods or services that meet consumer demands at competitive prices. The concept of carbon pricing and market competitiveness involves considering how carbon pricing policies can impact the ability of businesses to remain competitive while reducing their carbon footprint and transitioning towards a low-carbon economy.
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