Question

Which one of the following statements best describes the term Social Cost of Carbon?
It is a measure, in monetary value, of the -

• A. long-term damage done by a tonne of CO₂ emissions in a given year
• B. requirement of fossil fuels for a country to provide goods and services to its citizens, based on the burning of those fuels
• C. efforts put in by climate refugee to adapt to live in a new place
• D. contribution of an individual person to the carbon footprint on the planet Earth

Answer 1

The Correct Option is A

The Correct Option is (A): long-term damage done by a tonne of CO₂ emissions in a given year