A new formula measures the “mortality cost of carbon” and how much would have to be removed from the atmosphere to save a single life.
For the past few years, climate economists have employed a concept called the “social cost of carbon” to measure the dollar value of the damage inflicted by adding each ton of carbon dioxide to the atmosphere. In February, the White House announced that government officials will consider the social cost of carbon in crafting new environmental regulations.
Now a researcher has come up with a mortality cost of carbon, which encompasses the toll from climate-related heat deaths. The new paper, published today in the journal Nature
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