Green Premium
E515552
Green Premium is Bill Gates’s term for the extra cost of choosing clean technologies over higher-emission alternatives, used to highlight and quantify the economic challenge of decarbonization.
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
climate policy concept
ⓘ
economic concept ⓘ term coined by Bill Gates ⓘ |
| aimsToInform |
business leaders
ⓘ
governments ⓘ investors ⓘ the general public ⓘ |
| appliesTo |
agriculture and food systems
ⓘ
building heating and cooling ⓘ electricity generation technologies ⓘ industrial processes ⓘ transportation fuels ⓘ |
| associatedWith | Breakthrough Energy NERFINISHED ⓘ |
| calculatedAs | (cost of clean option) minus (cost of high-emission option) ⓘ |
| canBeExpressedAs |
absolute cost difference
ⓘ
percentage cost difference ⓘ |
| coinedBy | Bill Gates NERFINISHED ⓘ |
| contrastedWith | "Green Discount" when clean options become cheaper than high-emission options NERFINISHED ⓘ |
| dependsOn |
carbon pricing or lack thereof
ⓘ
fuel prices ⓘ regulation and policy ⓘ scale of deployment of clean technologies ⓘ technology costs ⓘ |
| describedIn | the book "How to Avoid a Climate Disaster" NERFINISHED ⓘ |
| goalRelated | reducing the Green Premium to zero or below for key sectors ⓘ |
| hasComponent |
cost of clean technology option
ⓘ
cost of higher-emission alternative ⓘ |
| hasDefinition | the extra cost of choosing clean technologies over higher-emission alternatives ⓘ |
| hasPurpose |
to highlight the economic challenge of decarbonization
ⓘ
to quantify the cost gap between clean and high-emission technologies ⓘ |
| implies | clean technologies are currently more expensive than high-emission alternatives in many sectors ⓘ |
| indicates | how much more consumers or businesses must pay to use low-carbon options ⓘ |
| relatedTo |
carbon pricing
ⓘ
clean technology ⓘ climate economics ⓘ decarbonization ⓘ energy policy ⓘ fossil fuel technology ⓘ greenhouse gas emissions ⓘ |
| timeDependent | yes ⓘ |
| usedIn |
climate change mitigation discussions
ⓘ
energy transition analysis ⓘ investment decisions in clean technology ⓘ public policy debates on decarbonization ⓘ |
| usedToEvaluate |
feasibility of climate policies
ⓘ
priority areas for clean tech innovation ⓘ where subsidies or incentives may be needed ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.