Current:Home > NewsThe social cost of carbon: a powerful tool and ethics nightmare -MoneySpot
The social cost of carbon: a powerful tool and ethics nightmare
View
Date:2025-04-12 10:47:35
One of the most important tools the federal government has for cracking down on greenhouse gas emissions is a single number: the social cost of carbon. It represents all the damage from carbon emissions — everything from the cost of lost crops to the cost of climate-related deaths. Currently, the cost is $51 per ton of carbon, but the Environmental Protection Agency has proposed raising it to $190.
Today on The Indicator, we bring you an episode of Short Wave, NPR's daily science podcast. NPR climate correspondent Rebecca Hersher and Short Wave co-host Aaron Scott discuss how this new number is simultaneously more accurate and an ethics nightmare.
Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
veryGood! (2)
Related
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- What the debt ceiling standoff could mean for your retirement plans
- Sarah Ferguson, Duchess of York, Shares Update After Undergoing Surgery for Breast Cancer
- Group agrees to buy Washington Commanders from Snyder family for record $6 billion
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Kate Middleton's Brother James Middleton Expecting First Baby With Alizee Thevenet
- Kate Spade 24-Hour Flash Deal: Get This $240 Crossbody Bag for Just $59
- At the Greater & Greener Conference, Urban Parks Officials and Advocates Talk Equity and Climate Change
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- The case for financial literacy education
Ranking
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- European watchdog fines Meta $1.3 billion over privacy violations
- European watchdog fines Meta $1.3 billion over privacy violations
- 3 ways to protect your money if the U.S. defaults on its debt
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- In Georgia, Bloated Costs Take Over a Nuclear Power Plant and a Fight Looms Over Who Pays
- A Pipeline Giant Pleads ‘No Contest’ to Environmental Crimes in Pennsylvania After Homeowners Complained of Tainted Water
- Inside Clean Energy: As Efficiency Rises, Solar Power Needs Fewer Acres to Pack the Same Punch
Recommendation
This was the average Social Security benefit in 2004, and here's what it is now
At the Greater & Greener Conference, Urban Parks Officials and Advocates Talk Equity and Climate Change
Kate Middleton Turns Heads in Royal Blue at King Charles III's Scottish Coronation Ceremony
Report: 20 of the world's richest economies, including the U.S., fuel forced labor
'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
The dangers of money market funds
A Pipeline Giant Pleads ‘No Contest’ to Environmental Crimes in Pennsylvania After Homeowners Complained of Tainted Water
Texas Activists Sit-In at DOT in Washington Over Offshore Oil Export Plans