Climate Scientists Exiled by Trump Form Panel to Continue Work
View on Bloomberg Politics website"Resources for the Future, a 65-year-old policy research organization based in Washington, launched a three-year effort in June to update and maintain a central element of climate economics, known as the social cost of carbon.
The measure is an estimate in today’s dollars of the projected economic impact of climate change -- elements that could include, for example, the health risks associated with air pollution or the cost of coastal flooding from rising sea levels. RFF estimates that every metric ton of carbon-dioxide pollution represents roughly $40 in future damage. In 2017, the world released an estimated 37 billion tons of CO2, a 2 percent increase over the previous year."