Which one of the following statements best describes the ‘carbon price’?
It is the cost of carbon emissions per unit of time.
It is the price paid for carbon credits in a cap-and-trade system.
It is the economic value put on greenhouse gas emissions.
It is the price of gasoline and diesel fuel which is heavily taxed by the government.
Answer is Wrong!
Answer is Right!
This question was previously asked in
UPSC CAPF – 2010