Social Cost of Carbon: Max Auffhammer

8/7/2018; 4 minutes

Bending the threatening trajectory of global climate change surely seems daunting. Max Auffhammer argues that a single powerful tool can generate major change worldwide: price incentives. His focus is the social cost of carbon -- an estimate, expressed in dollars and cents, of the damage that one ton of CO2 emitted into the atmosphere has on the entire globe. This is a number that governments should use to evaluate the benefits and costs of new regulations that affect greenhouse gas emissions. (#33073)

More Programs With

 

SIGN UP FOR EMAIL UPDATES
Subscribe to receive email notifications about featured videos.
(c)2019 Regents of the University of California. All right reserved. Terms and Conditions of Use.