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Carbon as a currency
What is it and why does it matter ?
By Katelyn Baxter
The concept of ‘ carbon as a currency ’ is gaining traction in the energy industry and beyond . Understanding the implications of this concept is critical to achieving a sustainable future . By assigning a value to carbon emissions , carbon as a currency can incentivize companies and individuals to reduce their emissions and invest in lowcarbon technologies and infrastructure .
Carbon as a currency also drives investment in low-carbon technologies and infrastructure by creating new markets and incentives for reducing emissions . This can help accelerate the transition to a low-carbon
economy and support the development of new technologies and business models . At the same time , it can impact everything from energy prices to supply chains to corporate sustainability strategies . Understanding these implications is critical for companies and organizations that want to stay ahead of the curve and position themselves for success in a low-carbon future .
Benefits of embracing a carbon currency
Beyond sustainability , what exactly does carbon as a currency mean ? First and foremost , it is a key tool in addressing
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