Posted on 09/01/2022 1:16:35 PM PDT by Oldeconomybuyer
Each ton of carbon dioxide that exits a smokestack or tailpipe is doing far more damage than what governments take into account, researchers conclude in a scientific paper published Thursday.
Currently, the United States government uses a price of $51 per ton of carbon dioxide emitted, but the researchers wrote in the journal Nature that the price should be $185 per ton — 3.6 times higher than the current U.S. standard.
“Our results suggest that we are vastly underestimating the harm from each additional ton of carbon dioxide in the atmosphere,” said Kevin Rennert, a study author.
Rennert and colleagues created an updated model to measure the societal cost of emitting carbon that includes several measures excluded in previous research.
While the social cost of carbon has been considered in more than a dozen actions under Biden – including tougher fuel efficiency standards for cars and light trucks and new oil and gas lease sales on public lands – federal officials have said in court briefings that so far it has not been a deciding factor.
The Biden administration was due to release an updated estimate in January, but that was delayed in part by the litigation from states.
The White House said it is still reviewing the best way to price climate damages when making policy decisions. But officials already have determined that the interim price of $51 per ton is too low.
(Excerpt) Read more at apnews.com ...
setting the ground work for a carbon tax..
CO2 is plant food.
They think food is too cheap.
And who gets that money?
The moral depravity of these climate loons is astonishing. How does paying a “Carbon Tax” improve the climate?
Carbon dioxide (CO2) makes up .04% (4/100ths of 1 percent) of the Earth’s atmosphere.
It’s always like the only polluters on earth are Americans. How much carbon is Asia contributing?
bttt
Right? My trees, shrubs, and flowers love it! C02 is NOT poison.
ALL LEFTIES carefully refuse to recognize that.
“How does paying a “Carbon Tax” improve the climate?”
Not one whit. But it makes for a bigger gravy train.
Think of the press as a great keyboard on which the government can play. Joseph Goebbels
I use a price of $0.00. This is complete bull shit.
Oh, yes. Gas should cost at least $20 a gallon.
Heating and cooling bills should be quadrupled as well.
While we’re at it food prices need at least as great a jump.
I am pretty certain these days that we’re the carbon they trying to get rid of.
Freaking Morons!!!!
Carbon dioxide is NOT a pollutant.
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