Volvo first car company to introduce internal carbon dioxide price

Volvo Cars is introducing an internal price for carbon dioxide to ensure that all future projects are sustainable. Volvo is the first car company to introduce its own price of carbon dioxide throughout the host chain. The price is also twice as high as the current price of carbon dioxide in the EU's emissions trading. The price is set at SEK 1,000 (100 EUR) per tonne and each future car project will, according to Volvo, undergo a "sustainability check", where a cost is added for each expected tonne of carbon dioxide emissions during the car's life cycle. https://autovista24.autovistagroup.com/news/volvo-sends-clear-climate-action-signal-by-setting-internal-carbon-prices/

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