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