Sentences with phrase «discounted value of the damage»

The social cost of carbon (SCC) for a given year is an estimate, in dollars, of the present discounted value of the damage caused by a 1 - metric ton increase in CO2 emissions into the atmosphere in that year; or equivalently, the benefits of reducing CO2 emissions by the same amount in that given year.

Not exact matches

Some breeders kill the adult dogs and cats when they can no longer breed and are no longer profitable (psychologically and physically damaged, these animals are not «considered» pets); some sell the adult animals at auctions to receive a «salvageable value» for the investment made in the animal (similar to livestock); and some give away their adult dogs or cats for free or at a discounted price to rescue groups and consumers (freeing them up financially so they don't have to pay for the up - keep of an older animal).

A 3 % discount rate essentially means that any damage a thousand years out, no matter how catastrophic, is valued at essentially zero: A damage of one trillion dollars a thousand years out discounts to about 14 cents today.

Whatever the discount rate chosen, the present value of the, «projected global economic damage,» would be so infinitesimally small that going out 100 or more years into the future would essentially be meaningless, mathematically.

If any of the input values ECS, damage function, or discount rate were set to defensible lower values, the net benefit would be much more negative and probably forever.

Let us suppose for the sake of argument that a ton of CO2 emitting today will generate $ 20 in present - discounted value of net future damages; this is the «social cost of carbon.»

The fourth value also uses a 3 % discount rate, but represents the 95th percentile across the models instead of the average, in order to try and include the potential for higher monetary damages caused by climate change.

The social cost of carbon is the discounted monetary value of future climate change damages due to additional CO2 emissions (for example, the costs of adverse agricultural effects, protecting against rising sea levels, health impacts, species loss, risks of extreme warming scenarios, and so on).

He sought damages from his employers («CCRL»): settlement was reached on the basis that the gross value of the claim was about ｣ 2m but that the Claimant would accept ｣ 400,000 in damages on the basis of an 80 % discount for contributory negligence.