Self-regulate: adopt more stringent practices than mandated by regulation or common standards.
To what extent do you implement voluntary initiatives and adopt more stringent practices than mandated by regulation or common standards?
This 1-page article discusses Intel's new office building in India, where they went beyond minimum regulatory standards and built a LEED Platinum certified office building that ranks in the top 1% of green building projects worldwide.
This article is useful for organisations establishing a carbon pricing program. It outlines:
What is the difference between a shadow price and a carbon fee?
How is the boundary of a carbon price established?
How is the price of carbon established?
Who pays the carbon fee?
How are GHG emissions allocated?
When is a carbon fee charged?
How is a carbon fee invested?
The author gives practical advice on how to cater a carbon pricing program based on the motivations and goals of the organisation and the organisation's structure and culture.
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