Quartz: The United States is underestimating the true economic cost of carbon emissions by as much as 83%, according to a new study that suggests governments should be moving faster and more drastically to curb the level of greenhouse gases released into the atmosphere.
The findings are based on the Stanford University researchers' recalculation of the "social cost of carbon,' an estimate of the economic damages caused by each additional metric ton of carbon dioxide emitted in a year. The social cost...