UC Davis study estimates $79B annual climate-related damage from US steel, plastic production, promoting sustainable practices.

A study from the University of California, Davis estimates that U.S. production of materials like steel and plastics leads to $79 billion in annual global climate-related damage. The research highlights hidden costs from greenhouse gas emissions and pollution, urging policymakers to factor these into market prices. By doing so, the study suggests, it could promote the adoption of sustainable materials and practices, mitigating environmental impacts.

October 24, 2024
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