"The social cost of carbon is a dollar estimate of the harm caused by releasing one ton of carbon dioxide into the air. It helps decide if a fuel-economy rule is worth it and influences permits for pipelines and power plants."
"Carbon dioxide stays in the atmosphere for centuries, quietly heating the planet, damaging crops, intensifying storms, and wearing down economies. Somebody, somewhere, eventually pays."
"Think of the cost of carbon like a garbage bill. When you put trash on the curb, someone has to pick it up, haul it away, and store it somewhere. You pay for that service."
The social cost of carbon quantifies the economic damage from carbon emissions, estimated at $25,000 for one long-haul flight each year over ten years. This figure reflects the harm caused by one ton of CO₂, influencing U.S. climate policy and regulations. The cost is likened to a garbage bill, where future generations bear the financial burden of current emissions. Researchers combine climate science and economics to model the long-term effects of CO₂ on global temperatures and subsequent damages to human systems and economies.
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