Weighted Average Cost of Carbon

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.

Read more about Weighted Average Cost Of Carbon:  The Formula, How It Works, Relevance

Famous quotes containing the words average and/or cost:

    It’s not that we want the political jobs themselves ... but they seem to be the only language the men understand. We don’t really want these $200 a year jobs. But the average man doesn’t understand working for a cause.
    Jennie Carolyn Van Ness (b. c. 1890–?)

    The cost of a thing is the amount of what I will call life which is required to be exchanged for it, immediately or in the long run.
    Henry David Thoreau (1817–1862)