US$60/ton of Carbon

There’s a new paper out, by Frances Moore and Delavane Diaz of Stanford University, on the Social Cost of Carbon. It is “Temperature impacts on economic growth warrant a stringent mitigation policy“, Nature Climate Change, 12th January 2015. The principal result from this investigation is that the social cost of Carbon (“SCC”) is estimated at US$220/ton of CO2 emitted in 2015 rather than the range of US$30/ton-US$40/ton adopted for planning purposes by the U.S. federal government. The corresponding cost for Carbon itself, then, is US$60/ton, since Carbon is 27% of a CO2 molecule by mass.

About ecoquant

See Retired data scientist and statistician. Now working projects in quantitative ecology and, specifically, phenology of Bryophyta and technical methods for their study.
This entry was posted in carbon dioxide, carbon dioxide capture, carbon dioxide sequestration, Carbon Tax, civilization, climate, climate change, climate education, ecology, economics, efficiency, engineering, environment, fossil fuel divestment, geoengineering, geophysics, IPCC, meteorology, physics, science, science education. Bookmark the permalink.

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