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> Obama’s former Chief Economist, Michael Greenstone at U. Chicago studies the social cost of carbon. He modeled the cost of carbon at around $2,000 per ton. Th
by vonmoltke 7y ago
> Obama’s former Chief Economist, Michael Greenstone at U. Chicago studies the social cost of carbon. He modeled the cost of carbon at around $2,000 per ton. That means a gallon of gas “costs” society $20.
Do you have a source for this? He cited much lower estimates in his Congressional testimony: https://epic.uchicago.edu/sites/default/files/Greenstone%20SCC%20testimony%20022717.pdf https://epic.uchicago.edu/sites/default/files/Greenstone%20S...