PAL estimated natural disaster damages attributable to climate change for 2016 so far are
$32,286,000,000
This is based on a carbon global one year carbon price of $22.84 /tCO2 and estimated carbon emissions for 2016 of 39,039,100,000 tCO2.
Refer to the 2015 Carbon Liability Clock for a comparison to what happened in the previous year.
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 2016 was last modified: August 8th, 2017 by