But in general economists who have tried to sum the negative and positive benefits come up with large — potentially very large — net
damages per ton of carbon.
IMF says in these countries, air pollution other than greenhouse gases, and congestion from incorrectly priced fuels, cause an extra $ 57.50 in
damage per ton of carbon dioxide, although the damage is not from the CO2.
Air pollution other than greenhouse gases, and congestion from incorrectly priced fuels, cause an extra $ 57.50 in
damage per ton of carbon dioxide, even though it is not the CO2 doing the damage.
Not exact matches
The dry bottom is becoming a desert, the site of sand storms that may drop up to half a
ton per hectare of a mixture of sand and salt on the surrounding fields to
damage the cotton crops.
In a further setback to reducing U.S. carbon emissions, the U.S Environmental Protection Agency has proposed lowering the U.S. government's «social cost» of carbon, or the estimated cost of sea - level rise, lower crop yields, and other climate - change related economic
damages, from $ 42
per ton by 2020 to a low of $ 1
per ton.
Specifically, the tax on power generation includes a fixed cost of $ 5
per ton of carbon dioxide, plus a variable tax based on the pollution and environmental
damage to the community where the plant is located.
Nordhaus's preferences for social values and his model of economic growth and climate
damages suggests an SCC of about $ 18
per ton of CO2 (for an ECS of 2.9 °C).
It would also mean the
damages resulting from carbon dioxide emissions would be less for every
ton of CO2 emitted (~ 20
tons of CO2 annually
per capita in the US).
Researcher John DeCicco says that 36 cents translates to a $ 40
per ton carbon tax, that could be imposed to offset the environmental
damage from carbon emissions.
The study finds that the 20 gigawatts (GW) of solar installed as of the end of 2014 is already lowering annual GHGs by 17 million metric
tons, worth about $ 700 million
per year if valued with a central estimate of the «social cost of carbon» — the Obama Administration's estimate of the long - term
damage done by one
ton of carbon emissions.
Using the median
per -
ton costs of health
damage, the total annual health
damage from the region's major sources of pollution is $ 9.4 billion.T hat cost also doesn't include coal's impact on environmental resources and aesthetics.
The study offers a range of health - related
damages of $ 30,000 to $ 500,000 for every
ton of fine particulate matter, or PM2.5, pollution, with a median rate of $ 72,000
per ton.
For each
ton of sulfur dioxide pollution, or SOx, the health
damage ranges from $ 6,000 to $ 50,000
per ton, with a median rate of $ 19,000.
A
ton of publicly owned coal leased during the Obama administration will, on average, cause
damages estimated at between $ 22 and $ 237, using the federal government's social cost of carbon estimates — yet the average price
per ton for those coal leases was only $ 1.03.
To do so, federal agencies use figures from the government's Interagency Working Group on Social Cost of Carbon, which are estimates of some of the climate change
damages suffered by society, expressed as a dollar figure
per metric
ton of CO2.
Heritage assumes that these programs, all told, will impose the equivalent of a $ 36
per ton carbon tax on the economy because that's the administration's estimate of the social cost of carbon in 2015 using a 3 percent discount rate for future
damages.
When confined only to domestic
damages, Ted Gayer explained that the SCC is estimated to be between 4 - 14 times less than the global value, so less than $ 5
per ton if you accept the IWG numbers.
Econometric models have produced estimates of $ 50 to $ 100
per ton of avoided carbon emissions — savings from reductions in anticipated sea - level rise, agricultural
damage, and other
damages.
Regardless of the discounting, the SCAR valuation
per ton is much larger for methane and the five aerosol - related species than for CO2, with a
ton of methane causing ~ 30 — 100 times more
damage than a
ton of CO2 and a
ton of the aerosols causing up to ~ 7800 times more
damage.