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Saturday, June 15, 2013

U.S. ups 'social cost' of carbon emissions

u s ups social cost of carbon emissions

The U.S. government has increased a key economic measure it uses to estimate the damage caused by carbon-emitting activities, upping the so-called social cost of carbon from $22 US per tonne of CO2 to $36 a tonne, meaning projects like the Keystone XL pipeline could be seen as more financially damaging than before.

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