
10. Tax Ourselves? Why Companies and Institutions Are Pricing Their Own Emissions
Pricing Nature
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Do You Want to Decarbonize Your Organization?
If i had an organization, i would absolutely use internal carbon pricing. If people in my organization wanted to see and feel the cost of the harm their omissions were causing other people, we'd take that cost into our calculations. That's called a proxy price. Proxy prices are imaginary prices used to guide purchase and investment decisions. In the u k, they call this a shadow price. But that sounds inaccurately nefarious to an american ear so i prefer proxy price.
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