Cap-and-Trade Health Reform
February 3, 2010
From The Vine, a recent study estimates that the public health benefits of a climate bill would outstrip its costs:
The researchers surveyed 48 studies on the subject and found that, while estimates of the health benefits can vary quite a bit, they average $44 per ton of CO2 in wealthy countries and $81/ton in developing countries. That’s bigger than the expected carbon price under a U.S. cap-and-trade system (around $20-$30 per ton). In other words, the air-quality improvements alone could offset the cost of cutting carbon. A cap could be “worth it” for public health reasons, regardless of how one feels about global warming.
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