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The Social Cost of Carbon

Estimating the Benefits of Reducing Greenhouse Gas Emissions


EPA and other federal agencies use estimates of the social cost of carbon (SC-CO2) to value the climate impacts of rulemakings. The SC-CO2 is a measure, in dollars, of the long-term damage done by a ton of carbon dioxide (CO2) emissions in a given year.  This dollar figure also represents the value of damages avoided for a small emission reduction (i.e., the benefit of a CO2 reduction). By U.S. Environmental Protection Agency (EPA).  Read more.