Climate loss projections expressed as carbon prices for 2017 for five South American countries and China using PAL’s Universal Carbon Price (PAL-UP). If adopted globally, PAL-UP would be over 90% revenue efficient.

The price of carbon is y = Lx / C

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Using this simple equation, Dollar-based climate losses for Mexico, Brazil, Chile, Colombia and Peru are compared with those for China and the US in Dollars per tonne CO2 – not just tonnes CO2   Financial metrics applied to economic scenarios are invaluable for assessing the risks associated with climate change at global, national and city […]

The price of carbon is y = Lx / C was last modified: December 6th, 2018 by Bruce Menzies