We, earthlings: you borrowed $ 219 billion out of your kids in 2018
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That is how we arrived on the determine of $ 219 billion on this graph
The Nationwide Academy of Sciences lately launched a examine on the price of climate-related injury titled Valorization of Local weather-related Harm: Replace of the Social Price Estimate of Carbon Dioxide. The injury overview concluded: "The [Interagency Working Group on the Social Cost of Greenhouse Gases]Present estimates of CO2 SC in 2020 for a reduction charge of three.zero are $ 42 per metric ton of CO2. [carbon dioxide] 2007 US greenback emissions. If, for instance, it was predicted explicit regulation would scale back CO2 by a million metric tons in 2018, the estimate of the worth of its advantages by way of CO2 emissions in 2020 could be $ 42 million.
The US Power Info Info experiences that the USA produced 5,237 million metric tons in 2018, for a complete future social value of $ 219 billion.
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