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.’
The Energy White Paper, Powering our Net Zero Future (CP 337), published in December 2020 by HM Government, defines carbon price as: ‘A cost applied to carbon pollution to encourage polluters to reduce the amount of greenhouse gases they emit into the atmosphere.’
Emissions Gap Report 2019 published by the UN Environment Programme defines the carbon price as: ‘The price for avoided or released CO2 or CO2e emissions. This may refer to the rate of a carbon tax or the price of emission permits. In many models that are used to assess the economic costs of mitigation, carbon prices are used as a proxy to represent the level of effort in mitigation policies.’
Keeping 1.5°C Alive: Closing the Gap in the 2020s, version 1.0, published by the Energy Transitions Commission in September 2021, defines the carbon price as: ‘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.’
[edit] Related articles on Designing Buildings
- Carbon capture and storage.
- Carbon emissions reduction target CERT.
- Carbon emissions.
- Carbon factor.
- Carbon footprint.
- Carbon negative.
- Carbon neutral.
- Carbon plan.
- Carbon terminology.
- Carbon.
- Decarbonise.
- Embodied carbon.
- Low carbon.
- Making Mission Possible: report on achieving a zero-carbon economy by 2030.
- Net-zero carbon.
- Operational carbon.
- The Carbon Plan: Delivering our low carbon future.
- What we need for the journey to net-zero carbon emissions.
Featured articles and news
Government consultations for the summer of 2025
A year of Labour, past and present consultations on the environment, the built environment, training and tax.
CMA competitiveness probe of major housing developers
100 million affordable housing contributions committed with further consultation published.
Homes England supports Greencore Homes
42 new build affordable sustainable homes in Oxfordshire.
Zero carbon social housing: unlocking brownfield potential
Seven ZEDpod strategies for brownfield housing success.
CIOB report; a blueprint for SDGs and the built environment
Pairing the Sustainable Development Goals with projects.
Types, tests, standards and fires relating to external cladding
Brief descriptions with an extensive list of fires for review.
Latest Build UK Building Safety Regime explainer published
Key elements in one short, now updated document.
UKGBC launch the UK Climate Resilience Roadmap
First guidance of its kind on direct climate impacts for the built environment and how it can adapt.
CLC Health, Safety and Wellbeing Strategy 2025
Launched by the Minister for Industry to look at fatalities on site, improving mental health and other issues.
One of the most impressive Victorian architects. Book review.
Common Assessment Standard now with building safety
New CAS update now includes mandatory building safety questions.
RTPI leader to become new CIOB Chief Executive Officer
Dr Victoria Hills MRTPI, FICE to take over after Caroline Gumble’s departure.
Social and affordable housing, a long term plan for delivery
The “Delivering a Decade of Renewal for Social and Affordable Housing” strategy sets out future path.
A change to adoptive architecture
Effects of global weather warming on architectural detailing, material choice and human interaction.
The proposed publicly owned and backed subsidiary of Homes England, to facilitate new homes.
How big is the problem and what can we do to mitigate the effects?
Overheating guidance and tools for building designers
A number of cool guides to help with the heat.
The UK's Modern Industrial Strategy: A 10 year plan
Previous consultation criticism, current key elements and general support with some persisting reservations.
Building Safety Regulator reforms
New roles, new staff and a new fast track service pave the way for a single construction regulator.