Carbon price
Making Mission Possible - Delivering A Net-Zero Economy, published by the Energy Transitions Commission (ETC) in September 2020, suggests that carbon price is: ‘A government-imposed pricing mechanism, the two main types being either a tax on products and services based on their carbon intensity, or a quota system setting a cap on permissible emissions in the country or region and allowing companies to trade the right to emit carbon (i.e. as allowances). This should be distinguished from some companies’ use of what are sometimes called “internal” or “shadow” carbon prices, which are not prices or levies, but individual project screening values.’
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