The Supreme Court just okayed Biden’s “social cost of carbon.” It’s still way too low.

“according to some top environmental economists, we have good reason to believe the true cost of emitting carbon is actually a lot higher than even a $51 price tag suggests.

There are a couple of reasons for that. First, until recently, the economists who calculated the SCC had barely factored in one of the biggest harms that climate change can cause: human mortality. Second, the way the SCC had been calculated rested on a problematic premise: that damage in the future counts for significantly less than damage in the present.”

https://www.vox.com/future-perfect/22643358/social-cost-of-carbon-mortality-biden-discounting

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