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Posts Tagged ‘costs of climate change’

The Social Cost of Carbon: Setting the Record Straight Ahead of Today’s House Hearing

The Obama administration has recently updated the official U.S. social cost of carbon (SCC), which attempts to estimate the costs of damage from carbon pollution. It’s one important way to show the value of cutting our global warming emissions. We’ll need to keep improving the SCC estimate to ensure it reflects the latest science and economics. We also have to ensure a more transparent process for updating and using this critical number going forward. But today’s House hearing on the SCC is simply a sideshow aimed at undermining climate action, not likely to focus on issues of substance. Read More

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