Sentences with phrase «higher social cost of carbon»

Not exact matches

In this context, switching from high - cost diesel to a low - carbon alternative fuel isn't just the green thing to do; it's key to ensuring consumer products stay at affordable prices, Elizabeth Fretheim, director of business strategy and sustainability logistics at Wal - Mart Stores Inc., explained at a symposium last week hosted by the nonprofit group Business for Social Responsibility (BSR).

The authors acknowledge that, if we place nearly as high a value on the wellbeing of future generations as we do on present generations, the social cost of carbon emissions is very large.

The private benefit of carbon is much higher than the social cost of carbon.

However, the social cost of carbon (SCC) is higher (by about 15 %) under uncertainty than in the certainty - equivalent case because of asymmetry in the impacts of uncertainty on the damages from climate change.

Many experts believe that the federal government's social cost of carbon estimates are too low, in part because «problems like droughts, higher food prices, lost fisheries, and some extreme weather are left out of the government's calculation.»

In addition to the avoided social cost of carbon — at $ 23 per MWh, higher than the ZEC subsidy cap — the CES offers significant economic benefits.

The US Environmental Protection Agency (EPA) estimates that the social cost of carbon is around $ 39 per ton, and you can argue the number higher or lower.

Further, as Reason Foundation Vice President Julian Morris «finds the administration's estimates of the social cost of carbon are «biased upwards» due to their reliance on three «simplistic models, all of which use estimates of climate sensitivity that are likely too high and two of which likely overestimate the economic impact of climate change.»