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price of carbon

price of carbon
 n.— «The level of that tax will be determined—exactly how has not yet been decided—by the international price of “carbon,” which is jargon for tradeable rights to emit carbon dioxide and other greenhouse gases.» —“Germany’s Kyoto ruling to be felt in NZ” by Brian Fallow New Zealand Herald June 9, 2004. (source: Double-Tongued Dictionary)

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