"The paper places a much higher estimate on economic losses than previous research, calculating a #SocialCostOfCarbon to be $1,056 per ton. This compares to a range set out by the US Environmental Protection Agency (EPA) that estimates the cost to be around $190 per ton.
The cost of transitioning away from #FossilFuels and curbing the impacts of #ClimateChange, while not trivial, pale in comparison to the cost of climate change itself."