Climate Finance Weekly: Counting the cost of fixing climate change

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Climate Finance Weekly: Counting the cost of fixing climate change

What is the true price of social carbon? Getting to net zero requires better numbers. Climate Finance is a tough business for the mathematically-challenged (yes, like me). But nowhere is it more important to arrive at accurate numbers than in any cost-benefit analysis. That thought was prompted by the publication of a warning by two leading economists that policymakers may be vastly  underestimating the expense of “social carbon.” In “The Social Cost of Carbon, Risk, Distribution, Market Failures: An Alternative Approach,”  Nobel laureate Joseph Stiglitz and Lord Nicholas Stern from…

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