{"id":8230,"date":"2022-06-29T11:43:52","date_gmt":"2022-06-29T11:43:52","guid":{"rendered":"http:\/\/lonecandle.com\/?p=8230"},"modified":"2022-06-29T11:43:52","modified_gmt":"2022-06-29T11:43:52","slug":"the-supreme-court-just-okayed-bidens-social-cost-of-carbon-its-still-way-too-low","status":"publish","type":"post","link":"https:\/\/lonecandle.com\/?p=8230","title":{"rendered":"The Supreme Court just okayed Biden\u2019s \u201csocial cost of carbon.\u201d It\u2019s still way too low."},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">\n\n&#8220;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.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">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.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.vox.com\/future-perfect\/22643358\/social-cost-of-carbon-mortality-biden-discounting\">https:\/\/www.vox.com\/future-perfect\/22643358\/social-cost-of-carbon-mortality-biden-discounting<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;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.<\/p>\n<p>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.&#8221;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[105,104,236,551,528],"class_list":["post-8230","post","type-post","status-publish","format-standard","hentry","category-article-share","tag-climate-change","tag-global-warming","tag-regulation","tag-regulations","tag-supreme-court"],"_links":{"self":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/8230","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8230"}],"version-history":[{"count":1,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/8230\/revisions"}],"predecessor-version":[{"id":8231,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/8230\/revisions\/8231"}],"wp:attachment":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}