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flag Including ocean damage nearly doubles the social cost of carbon to $97.20 per ton, with $2 trillion in annual marine losses.

flag A new study by UC San Diego’s Scripps Institution of Oceanography reveals that including ocean damage in climate cost calculations nearly doubles the social cost of carbon to $97.20 per ton, up from $51, with annual ocean-related damages estimated at nearly $2 trillion. flag For the first time, the assessment factors in losses from coral reef decline, fisheries disruption, and coastal infrastructure damage, along with cultural and aesthetic values. flag The findings highlight disproportionate impacts on island and low-income nations and call for updated climate policies that account for marine ecosystem health, despite political resistance to adopting the data.

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