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Center for Energy Studies

What is the 'social cost of carbon'?

Jim Krane | Mark Finley

What is the 'social cost of carbon'?.

The social cost of carbon, a dollar figure per ton of carbon dioxide released, is factored into the costs and benefits of proposed regulations and purchasing decisions, such as whether the Postal Service should buy electric- or gasoline-powered trucks, or where to set emissions standards for coal-fired power plants. Krane and Finley explain further in The Conversation