Taken as a whole, the range of published evidence indicates that
the net damage costs of climate change are likely to be significant and to increase over time.
Taken as a whole, the range of published evidence indicates that
the net damage costs of climate change are likely to be significant and to increase over time [T20.3, 20.6, F20.4].
The range of published evidence indicates that
the net damage costs of climate change are projected to be significant and to increase over time.
Not exact matches
Equifax reported that revenue ticked up 4 % year - over-year in the third quarter to a less - than expected $ 835 million and that
net income plunged 27 % to $ 96 million due to the initial
costs related to the most
damaging consumer data hack in US history.
CubeSmart estimates $ 1.4 million in repair
costs,
net of insurance proceeds, for
damages caused by hurricanes Harvey and Irma.
So while they don't constitute a
net win, figuring out rules to make things harder for them while not hitting either constituents or others for which the education is not regaining the
costs is likely to cause more
damage than good.
This will reduce the
net taxpayer
cost of the universal pre-k program, and will reduce subsidies to upper income families that may be politically
damaging.
(5) The relief requested by the consolidated group of claimants shall be limited to monetary
damages equal to the
net liquidating value of each individual claimant's account (s) as of the close of business on the day of the bankruptcy, but may also include a request for interest,
costs and fees where appropriate under the Code;
In each case, the payments will be
net of any related out - of - pocket
costs,
damages, fines, penalties and expenses incurred by MediciNova.
Placing so much emphasis solely on carbon footprints gives traction to foolhardy ideas such as carbon capture, iron seeding of the ocean and the expansion of nuclear power, which have no precedent in geologic history and seek to reduce
net carbon emissions at the
cost of much greater environmental
damage.
Finally, it should be obvious, perhaps, but needs to be stated explicitly that if a warmer climate produces positive
net benefits rather than
damages, then, in principle, one can not even conduct a
cost - benefit analysis.
Costs and benefits of the proposed mitigation policy compared with no mitigation policy Item; Units; Optimal Carbon Price; Low -
cost backstop; Table Benefits (Reduced damages); 2006 US $ trillion; 5.23; 17.63; 5 - 3 Abatement Cost; 2007 US $ trillion; 2.16; 0.44; 5 - 3 Net Benefit of policy; 2005 US $ trillion; 3.37; 17.19; 5 - 1 Implied CO2 Tax; 2005 US $ / ton C; 202.4; 4.1; 5 - 1 CO2 emissions in 2100; Gt C / a; 11; 0; 5 - 6 CO2 concentration in 2100; ppm CO2; 586; 340; 5 - 7 Global temperature change in 2100; °C from 1900; 2.61; 0.9; 5
cost backstop; Table Benefits (Reduced
damages); 2006 US $ trillion; 5.23; 17.63; 5 - 3 Abatement
Cost; 2007 US $ trillion; 2.16; 0.44; 5 - 3 Net Benefit of policy; 2005 US $ trillion; 3.37; 17.19; 5 - 1 Implied CO2 Tax; 2005 US $ / ton C; 202.4; 4.1; 5 - 1 CO2 emissions in 2100; Gt C / a; 11; 0; 5 - 6 CO2 concentration in 2100; ppm CO2; 586; 340; 5 - 7 Global temperature change in 2100; °C from 1900; 2.61; 0.9; 5
Cost; 2007 US $ trillion; 2.16; 0.44; 5 - 3
Net Benefit of policy; 2005 US $ trillion; 3.37; 17.19; 5 - 1 Implied CO2 Tax; 2005 US $ / ton C; 202.4; 4.1; 5 - 1 CO2 emissions in 2100; Gt C / a; 11; 0; 5 - 6 CO2 concentration in 2100; ppm CO2; 586; 340; 5 - 7 Global temperature change in 2100; °C from 1900; 2.61; 0.9; 5 - 1
Item Optimal Carbon Price Low -
cost backstop Benefits (Reduced damages) 5.23 17.63 Abatement Cost 2.16 0.44 Net Benefit of policy 3.37 17.19 Implied CO2 Tax 202.4 4.1 CO2 emissions in 2100 (Gt C / a) 11 0 CO2 concentration in 2100 (ppm CO2) 586 340 Global temperature change in 2100 (°C from 1900) 2.61
cost backstop Benefits (Reduced
damages) 5.23 17.63 Abatement
Cost 2.16 0.44 Net Benefit of policy 3.37 17.19 Implied CO2 Tax 202.4 4.1 CO2 emissions in 2100 (Gt C / a) 11 0 CO2 concentration in 2100 (ppm CO2) 586 340 Global temperature change in 2100 (°C from 1900) 2.61
Cost 2.16 0.44
Net Benefit of policy 3.37 17.19 Implied CO2 Tax 202.4 4.1 CO2 emissions in 2100 (Gt C / a) 11 0 CO2 concentration in 2100 (ppm CO2) 586 340 Global temperature change in 2100 (°C from 1900) 2.61 0.9
Many estimates of
net costs of
damages from climate change across the globe are now available.
They let their cyclone model compare wind
damage with either cyclone management or with hardening strategies to protect buildings — and find «if practically feasible and properly implemented, modification could reduce
net losses from an intense storm more than hardening structures» [or to translate this to policy speech, do it equally good at a lower financial
cost].
• Poles to tropics temperature gradient, average temp of tropics over past 540 Ma; and arguably warming may be
net - beneficial overall • Quotes from IPCC AR4 WG1 showing that warming would be beneficial for life, not
damaging • Quotes from IPCC AR5 WG3 stating (in effect) that the
damage functions used for estimating
damages are not supported by evidence • Richard Tol's breakdown of economic impacts of GW by sector • Economic
damages of climate change — about the IAMs • McKitrick — Social
Cost of Carbon much lower than commonly stated • Bias on impacts of GHG emissions — Figure 1 is a chart showing 15 recent estimates of SCC — Lewis and Curry, 2015, has the lowest uncertainty range.
Incremental Abatement
Costs and
Damages Relative to Baseline Present Value
Net Benefit (Benefit — Abatement
Cost)($ trillions) through 2050 -3.45 -12.68 through 2100 -5.47 -32.59 through 2200 10.99 -24.66 through 2300 17.71 -18.36 through end 17.81 -18.26
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.»
advocating for GHG mitigation policies given they will almost certainly
cost far more than current projections and deliver no
net benefits from reduced climate
damages?
The main disagreement is about the amount of impact, the
net economic
cost / benefit, the probabilities and, especially, the consequences of the proposed mitigation policies versus the climate
damages that would be avoided by the proposed polices.
Second, and related, to calculate the
net costs and benefits of climate mitigation, one needs a grasp of the climate
damages that will be avoided by such mitigation.
The social
cost of carbon includes, for example, changes in
net agricultural productivity and human health, property
damage from increased flood risk, energy system
costs, and the value of ecosystem services lost because of climate change.
In fact, the Yohe paper that Romm cites suggests that additional warming of up to 2 °C, may be on the whole a
net benefit to humanity, even though, like others, it seems that study doesn't fully consider the increases in adaptive capacity and secular technological change, consideration of which would reduce future
damages from climate change, effectively increasing the temperature beyond which climate change would result in
net losses globally, and reduce the benefit -
cost ratio for mitigation.
They are literally «designed for the dump» and are often contaminants in recycling systems, either
damaging equipment and causing costly repairs when they enter recycling facilities (like plastic bags) or ending up as a
net cost for recyclers to unload at a loss (like polystyrene) rather than as profitable materials.»
Global warming will continue to be a
net benefit until about 2070, when the
damages will begin to outweigh the benefits, reaching a total
damage cost equivalent to about 3.5 % of GDP by 2300.
In effect, insurers agreed to lower automobile insurance premiums via regulation in exchange for certain
cost - saving measures: a cap on general
damages respecting «minor» injuries, gross - to -
net income tax deductions, and deductions for collateral benefits (including wage replacement) «paid or payable» from a variety of loosely - defined sources.
In other words, the Plaintiff's
net recovery would be considered in determining
costs consequences when comparing
damages awards with offers to settle.
The judge ruled the
costs to be $ 200,000 in non-pecuniary
damages, $ 50,000
net past loss in earnings, and with a gross future loss of earnings of some $ 1,787,266, the
net amount in
damages was calculated to be $ 750,000.
Homeowners insurance is the safety
net that prevents you from having to pay all the
costs to repair or rebuild your house if it's
damaged, and it also pays for the loss of your personal possessions.
While buying bare - bones coverage will
net the cheapest car insurance
cost, it may leave you on the hook financially should you get in accident or your car is
damaged by severe weather or is stolen.