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BFF Blog
Counting the CO₂ST
Thu 11 Sep 2008
The central tenet of the new Green Alliance report ‘Fit for the future?’ is difficult to dispute: when the economy looks gloomy environmental policies take a back seat. However, in reality, this is the very time when businesses and government need to embrace resource efficiency and not shirk their environmental responsibilities.
One powerful approach to ensuring financial considerations are not independent of environmental impacts is through carbon pricing as a means of supporting internal decision making. The recently published Defra methodology to do this is not without its faults, but BFF has worked closely with a Government economist to iron out these teething problems.
Following this work BFF has produced a simple-to-use online tool to help our clients get to grip with the application of the ‘shadow price of carbon’ - try our CO2ST calculator here.
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