What is the social cost of carbon? Marketplace talks with Sol Hsiang

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"You know the old saying "an ounce of prevention is worth a pound of cure"? About a decade ago, the Obama administration tried applying that to the fight against climate change. Federal agencies were required to assess the future damages of carbon emissions as part of cost-benefit calculations — the kind they need to do before passing new regulations." Read the                                                                                  full article HERE.