![]() Governments can help reduce the green premium by implementing policies that reduce the price of the climate conscious option and make the conventional variety more expensive, Gates said in a 2020 blog post about green premiums. It's the difference in price between a conventional product and the climate-friendly alternative. The idea of a "green premium" is one that Gates has discussed often. By buying these products you drive scaling up which will lead to lower prices so 'green premiums' are reduced," Gates said on Reddit. "As green products come out like electric cars or synthetic meat or heat pumps for home heating/cooling they will cost a bit extra. But if enough people buy those products, it will drive demand, leading to larger scale and pushing down the price of those climate conscious options, he said. ![]() ![]() Personal Loans for 670 Credit Score or LowerĪs a consumer, if you opt to buy more expensive products that contribute less carbon emissions, it may feel like a drop in the bucket. Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit ![]()
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