PAL estimated natural disaster damages attributable to climate change for 2015 alone were
$41,940,101,558
This was based on a carbon global spot price of $31.78 /tCO2 and estimated carbon emissions for 2015 of 37,612,665,419 tCO2.
Author: Edward Coe
Edward Coe is Managing Director and co-founder of PAL. He has extensive experience of systems development and implementation for advanced derivative trading systems utilising a broad range of technologies supporting in house, bespoke and third party software. Edward developed the software behind PAL Carbon.
Twenty Billionth Dollar | Carbon Damage 2015 was last modified: August 8th, 2017 by
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