greenflation

Noun

greenflation (uncountable)

1. A rise in energy prices as a result of shifting from fossil fuels to sustainable energy sources.
   • But in the wake of so much publicity, are we now undergoing a wave of “greenflation,” where the term “green” is used to justify almost everything and anything, as long as it can make the claim of lowering carbon?2007 December 26, James Kanter, “Does Too Much Green Lead to “Greenflation”?”, in Green: Energy, the Environment and the Bottom Line, New York Times blogs
   • While decarbonizing our homes can lead to price stability and significant savings — my family, for example, cut our monthly utility bill by more than 75 percent in a recent renovation — we must also prepare for what Dr. Schnabel calls “greenflation,” the higher prices and labor crunches that come...2022 August 12, Gernot Wagner, “Greening Your Home Will Be Cheaper, but Expect Growing Pains”, in The New York Times