Social Cost of Carbon Definition
CMAT 2021 · General Knowledge · 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
- A.
long-term damage done by a tonne of 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
A
Explanation
The Social Cost of Carbon (SCC) estimates the economic damages in dollars associated with an incremental increase in carbon dioxide emissions in a given year.
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