The Weighted average cost of carbon is used in finance to measure a firm's specific cost of carbon. It expresses how much an organization is expending to either reduce carbon emissions internally (abatement) or offsetting externally (carbon offset). As such, the weighted average cost of carbon is the cost a company incurs to balance its carbon liability (carbon footprint).
It is a term with growing importance as legislation globally moves to internalize the impact of CO2 emission through cost mechanisms.
Other articles related to "weighted average cost of carbon, carbon, cost":
... In a carbon constrained economy, the efficiency of corporations to respond to the cost factor carbon is an important indicator of competitiveness ... to compare companies within industries based on their ability to either reduce their carbon footprint internally or offset carbon liabilities externally through comparatively low cost ...
Famous quotes containing the words cost and/or average:
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (18721933)
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