The Biden Administration Weighs the Social Cost of Carbon

A new White House policy tries to put a dollar value on the future harm of greenhouse gas emissions.

This story originally appeared on Undark and is part of the Climate Desk collaboration.

To turn the tide against climate change, President Joe Biden signed an executive order on Inauguration Day instituting a raft of policy changes and initiatives. One directed his team to reassess the social cost of carbon. This seemingly obscure concept puts a number on how much damage a metric ton of carbon dioxide emitted today will do in the future, in order to show how much a given climate policy would benefit the economy

→ Continue reading at Wired - Science

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