A particular problem in carbon pricing is that a one-size-fits-all carbon price is a blunt instrument for encouraging behavioural change. A spectrum of prices based on impact (PAL’s Carbon Intensity Weighting) is more effective as well as future-proof.
All fuel-types are allocated a carbon price based on their carbon intensity weighting: coal, gas, nuclear, even solar. Carbon intensity is the amount of carbon dioxide emitted per amount of useful energy (tonnes of CO2 per megawatt hour). Read the full fact sheet …
This is the web administrator at PAL. Our carbon pricing system is tackling the cause of climate change and global warming by pricing tomorrow’s cost of carbon today.