Social Cost of Carbon Definition

CMAT 2021 · GK · Medium · General Awareness

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

  1. A.

    long-term damage done by a tonne of CO2\text{CO}_2 emissions in a given year

  2. B.

    requirement of fossil fuels for a country to provide goods and services to its citizens, based on the burning of those fuels

  3. C.

    efforts put in by climate refugee to adapt to live in a new place

  4. D.

    contribution of an individual person to the carbon footprint on the planet Earth

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