A September 17 report in the Journal of Environmental Studies and Sciences found that the Environmental Protection Agency’s Interagency Working Group on the Social Cost of Carbon February 2010 report set too constrictive of a figure when it attempted to assign a dollar amount to the benefits derived from reducing CO2 emissions because it substantially underestimated the societal benefits of CO2 reductions. The study, The Social Cost of Carbon in U.S. Regulatory Impact Analyses, found that the panel did not consider the economic damages that climate change may impose on future generations.
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