Environment & Ecology · Climate Change Mitigation
What is the primary purpose of Internal Carbon Pricing as utilized by businesses?
- 1To levy charges on imported goods to prevent the relocation of carbon-intensive industries
- 2To set a cap on total emissions and allocate tradable permits among various emitters
- 3To guide investments and decision-making related to climate risks and opportunities✓
- 4To directly tax the carbon content of fossil fuels and raise the cost of carbon-intensive goods
Correct answer
To guide investments and decision-making related to climate risks and opportunities
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