green premium

noun

The difference in price between something made with fossil fuels and something made in a sustainable manner.

Meanings

noungreen premium (plural green premiums)

plural green premiums

  1. The difference in price between something made with fossil fuels and something made in a sustainable manner.

    The Green Premium is simply the difference in cost between doing something in a way that produces greenhouse gases and doing the same thing without the emissions.

    2021 February 16, Bill Gates, “Bill Gates: How ‘Green Premiums’ can help us solve climate change”, in Fortune
Cite this entry
APA

green premium. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/green%20premium

MLA

“green premium.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/green%20premium. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “green premium,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/green%20premium.

Source: green premium on Wiktionary, CC BY-SA 4.0.