Study suggests the social cost of carbon should be over $280, more than double current U.S. estimates.

A study from the University of California, Davis, suggests that current estimates for the social cost of carbon (SCC) are too low. The SCC measures the economic damage caused by each ton of CO2 emitted. The study, published in PNAS, claims the SCC should be over $280 per ton of CO2, more than double the current U.S. EPA estimate of $190. This higher cost underscores the need for stricter policies to reduce greenhouse gas emissions and mitigate climate change impacts.

3 months ago
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