Greenflation is a sharp rise in the price of materials and minerals, etc., such as copper, aluminium, tin, and lithium that are essential to solar and wind power, electric cars and other renewable energy technologies. Greenflation will be occurred by the acceleration of the transition to a clearer or greener energy and economy and the creation of renewable energy technologies to the shift toward net zero carbon aiming to the limiting the worst effects of global warming.
Related Definitions in the Project: The Renewable Energy; Commercial Definitions
