Blog
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How Much Higher? The Growing Consensus on the Federal SCC Estimate
Who should we trust about the accuracy of the government’s SCC estimate? A good place to start is to ask economists – their field of study was responsible for developing the SCC.Text Here
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New Climate-Economic Thinking
Each ton of carbon dioxide emitted into the atmosphere today causes about $40 worth of damages. So at least says standard economic thinking.
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The Future of Fires
Climate change is likely to make wildfire damages costs in the near future. A new Cost of Carbon Pollution report estimates these damages.
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Working Group Estimated, GAO Approved
The U.S. social cost of carbon now comes with a stamp of approval from the U.S. Governmental Accountability Office.
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Playing Catch Up to the IPCC
In time for Passover, a new IPCC report predicts a Hagadah’s-worth of trouble for our planet if we don’t work quickly to reduce carbon pollution. Droughts, flooding, disease, and pestilence are some of the expensive consequences they predict. But the economic models used to estimate the U.S. social cost of carbon do not sufficiently account for these risks. This leaves our nation vulnerable.
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Missing Pieces
Fires, flooding, and infectious diseases are some of the risks of a warming climate, and they could cost trillions of dollars to cope with. As President Obama takes steps to curb our climate-changing pollution as required by the Clean Air Act, knowing exactly what is on that price tag is even more important.
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In Support of Using a “Social Cost of Carbon”
The Obama Administration has smartly moved to tally up the costs of climate change. Given the way rising temperatures could drain taxpayer dollars (think: emergency aid) and strain the economy (think: drought) it would amount to malpractice if they did not.
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More Than Zero: The Real Costs of Carbon Pollution
The U.S. government is finally moving to put a check on our nation’s carbon pollution and it is basing its decisions on sound science and economics. But fires, storm surges, and other consequences of the greenhouse effect have not been accounted for resulting in a weaker response than is needed to prevent them.