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What is the ‘Social Cost of Carbon’?

When an electric company runs a coal- or natural gas-fired power plant, the greenhouse gases it releases cause harm – but the company isn’t paying for the damage. Instead, the costs show up in the billions of tax dollars spent each year to deal with th…

When an electric company runs a coal- or natural gas-fired power plant, the greenhouse gases it releases cause harm – but the company isn’t paying for the damage. Instead, the costs show up in the billions of tax dollars spent each year to deal with the effects of climate change, such as fighting wildfires and More

The post What is the ‘Social Cost of Carbon’? appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Jim Krane – Mark Finley.


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