Reconstructing the Social Cost of Carbon to Reflect Racial Disparities

Explore a thought-provoking lecture on the social cost of carbon (SCC) and its implications for racial disparities in climate change impacts. Delve into Brady Dye's analysis of how the current SCC calculations fail to account for the disproportionate exposure of Black Americans to climate risks. Examine the importance of reforming the SCC to better reflect environmental justice concerns and consider alternative approaches to determining the true cost of climate change. Gain insights into the intersection of climate policy, socioeconomic inequities, and racial analysis in the context of US federal policymaking. Discover how demographic data and climate vulnerability indices can reveal unequal distribution of climate damages along racial lines. Challenge existing frameworks and explore potential reimaginations of how we assess and address the costs of climate change in a more equitable manner.