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
It was a dark and stormy night. So begins the long and increasingly convoluted prose of Edwards Bulwer-Lytton’s best-known novel. Today the annual Bulwer-Lytton Contest asks contestants for fanciful first sentences that are similarly...
Enthusiastic book recommendations! Martha’s savoring the biography of Alexander von Humboldt, the 19th-century explorer, polymath, and naturalist who revolutionized our understanding of nature and predicted the effects of human activity on...