Climate Damages: Uncertain but Ominous, or $51 per Ton?

The “social cost of carbon” (SCC) is the value of present and future climate damages caused by a ton of carbon dioxide emissions. Even at $150 to $500 per ton, the cost of abatement was comparable to or lower than many of the worst-case estimates of the SCC, or climate damages per ton. In short, we already know that doing everything on the least-cost emission reduction path will cost less, per ton of carbon dioxide, than worst-case climate damages.

Source: triplecrisis.com