23.06.2016 - A carbon price set to carbon damage
What damage are we causing with each new emission of carbon pollution? Economists regularly assess the economic impact of each marginal greenhouse gas emission, which is labeled the "social cost of carbon." No surprise, this is hard to measure. We still have an imprecise understanding of the specific regional damage greenhouse gas emissions will cause, in particular due to the uncertainty of how certain feedbacks in the climate system will accelerate or decelerate how the climate responds to emissions...............................................Full Article: Source
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