social and economic impacts of dynamic carbon pricing
The social and economic impacts of dynamic carbon pricing refer to the effects that a flexible and adjustable pricing system for carbon emissions has on society and the economy. This approach aims to incentivize the reduction of greenhouse gas emissions by adjusting the price of carbon based on certain factors, such as environmental targets or market conditions. The impacts can encompass changes in consumer behavior, technological innovation, investment patterns, income distribution, job creation, and overall economic growth.
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