Costs associated with carbon emissions three times federal estimate: study ...Middle East

The social cost of carbon is significantly higher than the federal estimate, according to a study published Thursday in the journal Nature.  Researchers put the financial toll associated with projected future carbon emissions at $185 per ton of carbon pollution added to the atmosphere, more than three times the federal government’s figure of $51. They arrived at the conclusion in part by using a lower discount rate, or the cost-benefit analysis of reducing emissions now versus the future impacts of inaction. Lower discount rates result in higher estimates for the price of inaction.  “Our estimate, which draws on recent advances in the scientific and economic literature, shows th

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