A Proposal for Advancing Columbia's (MO) Energy Future
The Social Cost of burning Carbon:
$36 per metric ton of Carbon Dioxide Released to the Atmosphere
John T. O’Connor, H2O’C Engineering, LLC, Columbia, MO
It was little noted, but on August 8, 2016, the Chicago-based 7th Circuit U.S. Court of Appeals unanimously upheld the U. S. Department of Energy’s policy of including the social cost of carbon at $36 per metric ton when calculating cost-benefit analyses. (http://thehill.com/policy/energy-environment/290859-court-backs-obamas-climate-c hange-accounting.) This court ruling is newsworthy because it permits federal agencies to quantify, rather than ignore, the external costs of climate change.