Sentences with phrase «monetary costs of climate change»
UTC asked the three utilities to consider the financial viability of continuing to invest in coal - fueled resources, to examine the monetary costs of climate change, and to take time to study how they will respond to changes in state and federal carbon policy.
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«Even if we agreed on a particular computer simulation of the monetary damages accruing from climate change over the next few centuries, the calculation of the «social cost of carbon» would vary widely, depending on our choice of parameters that have nothing to do with climate science,» he said.
The social cost of carbon is a monetary value measuring the alleged climate change damages from each ton of emitted carbon dioxide into the atmosphere.
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).