'Social cost' of carbon emissions rising but still underestimated, experts warn

By Laurie Goering | Thu, 27 Feb 2014 12:31 PM
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LONDON (Thomson Reuters Foundation) – Climate change impacts - from more extreme droughts and floods to effects like crop losses and sea-level rise - are costing Americans $37 per tonne of carbon dioxide released into the atmosphere, according to an updated estimate by the U.S. government.

The costs come in the form of higher food prices, rising insurance bills, greater spending on healthcare and more...

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