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'Cost of Carbon' Doesn't Include Some Climate Risks

2014-03-14 08:29:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: The federal government's revised social cost of carbon figure is too low to adequately capture several social and economic harms posed by climate change, environmental groups said in a report released March 13. The $37 per metric ton figure that federal agencies use to calculate the impact of climate change in their regulations is either missing or improperly quantifying the threats posed by increased risk of high-ozone days, drought, ocean acidification, loss of species and habitat and other impacts,...

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