4. Social Costs versus Social Benefits

Описание: Ross McKitrick, professor of economics at the University of Guelph and co-author of “Taken by Storm” explains that in a policy discussion, you want to have two columns to compare the “Social Benefits” versus the “Social Costs.” However in most discussions about the Social Costs of Carbon, there’s no “Social Benefit” column at all! Worse yet, reports like “Omitted Damages” are highly speculative, piling on diverse catastrophic possibilities that are “Non-existent Damages” because they are products of imagination, not evidence.