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Estimated social cost of climate change not accurate, Stanford scientists say

A new study calculating the economic impacts of climate change shows the costs of carbon dioxide emissions have been underestimated. (Image credit: Robert S. Donovan)

The economic damage caused by a ton of carbon dioxide emissions – often referred to as the “social cost” of carbon – could actually be six times higher than the value that the United States now uses to guide current energy regulations, and possibly future mitigation policies, Stanford scientists say.

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news.stanford.edu/2015/01/12/emissions-social-costs-011215/

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