Which one of the following statements best describes the term 'Social Cost of Carbon'? It is a measure, in monetary value, of the
a
long-term damage done by a tonne of CO2 emissions in a given year.
b
requirement of fossil fuels for a country to provide goods and services to its citizens, based on the burning of those fuels.
c
efforts put in by a climate refugee to adapt to live in a new place.
d
contribution of an individual person to the carbon footprint on the planet Earth.
Climate Change EconomicsCarbon PricingSocial Cost of CarbonCO2 emissionsMonetary valueClimate change mitigationCarbon footprint