Agence France-Presse: "Carbon Four Times Costlier To Society Than Thought: Study"
A well-syndicated piece discusses the findings of a new study co-led by RFF scholars that finds the social cost of carbon is $185/ton.
The cost inflicted on the world by carbon pollution may be nearly four times higher than recent estimates, a study said Thursday, highlighting how much climate action could save this and future generations...
Lead author Kevin Rennert, from the Washington-based research centre Resources for the Future, said the study represented a "complete overhaul" of the US government's current carbon cost calculations.
He said that the cost had been underestimated in previous methodologies in a variety of ways, but none more so than in the excess mortality carbon pollution causes, and on crop losses.
"The most substantial damages from climate change are driven by greater rates of mortality from increased temperatures and impacts on the agriculture sector," Rennert told AFP.
