Which of the following statements about the cost of climate change and carbon accounting is incorrect?
A) A carbon tax effectively converts some of the Tier 5 costs (based on the EPA framework) into Tier 1 costs.
B) The cost of climate change is relevant to the retail industry.
C) Direct emissions resulting from the production process of a business falls under 'Scope 1' category of measurement.
D) Carbon emissions relating to the transportation of purchased materials falls under 'Scope 2' category of measurement.
Correct Answer:
Verified
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