skip to main content
skip to newscasts

Monday, April 15, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

CO families must sign up to get $120 per child for food through Summer EBT; No Jurors Picked on First Day of Trump's Manhattan Criminal Trial; virtual ballot goes live to inform Hoosiers; It's National Healthcare Decisions Day.

view newscast page
play newscast audioPlay

Former president Trump's hush money trial begins. Indigenous communities call on the U.N. to shut down a hazardous pipeline. And SCOTUS will hear oral arguments about whether prosecutors overstepped when charging January 6th insurrectionists.

view newscast page
play newscast audioPlay

Housing advocates fear rural low-income folks who live in aging USDA housing could be forced out, small towns are eligible for grants to enhance civic participation, and North Carolina's small and Black-owned farms are helped by new wind and solar revenues.

OR Group Recalculates "Dollars and Sense" of Carbon Pollution

play audio
Play

Thursday, July 14, 2011   

PORTLAND, Ore. - If everything in life has its price, the price of carbon is $21 a ton, according to the federal government. This means every ton of carbon emissions from car tailpipes, power plants and manufacturing causes about $21 worth of damage to people and the environment, or about 21 cents for every gallon of gasoline burned.

A new study from a Portland-based think tank made up of 200 economists nationwide says that figure is far too low. Economists at Tufts University who are members of the Economics for Equity and the Environment (E3) Network say a more realistic estimate would be from $264 to $893 per ton.

Kristen Sheeran, director of economics for E3 Network, explains that putting a "social cost" on carbon is one way to help people understand the effects of climate change pollution - and not only on the environment.

"We think about it as a change in ecosystems; we think about it as affecting polar bears. Relatively few people think about what climate change will mean to the quality of their life in the future, to the quality of their children's lives, and what all of those changes will mean, in dollar terms."

Sheeran explains that the social cost figure is important because it could be used for setting rules about fuel economy, power-plant regulations and more. If it is flawed or outdated, relevant federal or state decisions about curbing carbon emissions could be, too, she warns.

"What these numbers suggest is that the current estimates we may be using to affect policy decisions are many orders of magnitude off. So, which side do you want to err on? The kinds of risks and impacts that scientists are talking about from climate change are potentially irreversible."

The report does not suggest that the government impose a carbon tax of hundreds of dollars per ton on industry, Sheeran says. Rather, it points out that $21 per ton is so low, it sends a message that climate change is not much of a problem, when even government scientists agree that is not the case.

The report, "Climate Risks and Carbon Prices: Revising the Social Cost of Carbon," is available at www.e3network.org/social_cost_carbon.html.



get more stories like this via email

more stories
In March, state Rep. Joe Ciresi, D-Montgomery, introduced House Bill 2063, which would reform the Educational Improvement Tax Credit and the Opportunity Scholarship Tax Credit programs. (Jasmina/AdobeStock)

Social Issues

play sound

A new report analyzes Pennsylvania's existing voucher programs, that divert public funds to private schools. This comes on the heels of Gov…


Social Issues

play sound

A bill vetoed by Virginia Gov. Glenn Youngkin would have raised the state's minimum wage to $15 an hour starting in 2026. While the bill moved out …

play sound

By Erin Aubry Kaplan for Yes! Magazine.Broadcast version by Suzanne Potter for California News Service reporting for the Yes! Magazine-Public News …


There are more than 1,300 species listed as either endangered or threatened under the Endangered Species Act, including the piping plover, a shorebird found on sandy beaches in southern Maine. (Adobe Stock)

Environment

play sound

Conservationists in Maine said reinstated protections of the Endangered Species Act could help wildlife already struggling to adapt to climate change…

Social Issues

play sound

Haitian-led groups in Massachusetts are calling for a temporary pause in deportations as political instability and violence engulf the island…

Women ages 35 and older in Arkansas have the highest mortality rate, which was 3.9 times the rate of women younger than 25. (Andrey Popov)

Social Issues

play sound

Arkansas is taking critical steps to address its high maternal mortality rate, especially among women of color. In the Natural State, Black women …

Social Issues

play sound

In the midst of political tensions surrounding Israel's handling of the conflict with Hamas, Rep. Rashida Tlaib, D-Mich., has voiced her support for …

Health and Wellness

play sound

As the country observes Autism Acceptance Month, Nebraska families raising a child with Autism Spectrum Disorder are among those learning they will …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021