Everything you need to know about the Social Cost of Carbon (SCC)
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The Social Cost of Carbon (SCC) is an estimate of the net economic damage resulting from the addition of an incremental tonne of carbon dioxide (CO₂) into the atmosphere. The SCC is often used by policymakers when assessing the cost-benefit impact of climate related policies. For example, the SCC is used in the United States when analysing the impact of vehicle fuel economy standards, power plant regulations, tax credits for carbon capture technologies, carbon taxes, and many more.
Everything you need to know about the Social Cost of Carbon (SCC)
Everything you need to know about the Social…
Everything you need to know about the Social Cost of Carbon (SCC)
The Social Cost of Carbon (SCC) is an estimate of the net economic damage resulting from the addition of an incremental tonne of carbon dioxide (CO₂) into the atmosphere. The SCC is often used by policymakers when assessing the cost-benefit impact of climate related policies. For example, the SCC is used in the United States when analysing the impact of vehicle fuel economy standards, power plant regulations, tax credits for carbon capture technologies, carbon taxes, and many more.