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Carbon Proxy Program

Description: Explore a Carbon Proxy Program, which assigns a “what-if” price to offsetting emissions for consideration in decision-making such as capital projects.
Champions: Economics faculty & Facilities Management
Source: Climate Action Roadmap

Strategies
  1. Research best practices and existing Carbon Proxy Programs such as at Smith College and University of Virginia and select the best model by 2022.
  2. Select a university price for carbon by 2023.
  3. Determine when in the capital projects decision making process such a program would be most impactful and pilot on a specific project by 2023.