The Social Cost of Carbon estimates the monetary damages that result from carbon pollution -- essentially putting a value on the effects of climate change that are already costing us today. Webinar presentation (audio) by Maggie Fox.
The Obama Administration requires agencies to factor in these damages when making new policies. After careful scientific analysis, the current estimate was increased to $37 per metric ton of carbon pollution.
But Big Oil and Big Coal oppose this increase, attempting to reduce the social cost of carbon so that they can continue polluting recklessly.
Read our blog for more updates. ublished on Jan 21, 2014
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