Seaside Heights and Seaside Park, NJ. Aerial pictures of New Jersey’s coast, after superstorm Sandy devastated the area. Photo courtesy of: © Program for the Study of Developed Shorelines (PSDS) / WCU
Excerpts;
Climate change is a classic tragedy of the commons: every country acting in its own self-interest contributes to depleting a joint resource, making the world worse for everyone. The social cost of carbon (or SCC) is a way to put a price tag on the result of that tragedy, quantifying just how much climate change will cost the world over the coming generations.
But a paper in Nature Climate Change this week tries to bring the cost closer to home by estimating what the SCC could be for each different country…
Read Full Article; Ars Technica (09-21-2018)
Paris Conundrum: How to Know How Much Carbon Is Being Emitted? Yale E360 (09-10-2018)
