A good ESG-related article

From BBC’s series on Carbon – ‘The most important number you’ve never heard of’

“The number is known as the Social Cost of Carbon (SCC)…The SCC defines how much society should pay to avert future damages caused by climate change, such as increased floods and droughts, by adding up all the quantifiable costs and benefits of emitting one additional tonne of CO2. Policymakers can then weigh the benefits of reduced warming against the costs of cutting emissions.”

https://www.bbc.com/future/article/20211103-the-most-important-number-youve-never-heard-of

 


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