price of carbon
n.— «Even if options are available that are low cost and represent additional effort beyond the AEO base case, these options may have relatively little bearing on the price of carbon in a competitive environment. It is the cost of the last ton reduced, wherever in the world that occurs, that will set the price in a competitive market for carbon emissions reductions.» —“Kyoto Protocol’s Impact On U.S. Energy” by Jay E. Hakes Congressional Testimony by Federal Document Clearing House Oct. 9, 1998. (source: Double-Tongued Dictionary)
Further reading
A flashlight doesn’t flash. It provides a steady beam of light. So why is it called a flashlight? The earliest versions lit up only briefly before the batteries gave out and required a recharge, so they were literally “flash lights...
National Book Award winner Barry Lopez had wise advice for young writers. First, read widely and follow your curiosity. Second, travel or learn a foreign language. And third, find out what you truly believe, because if you’re not writing from...