Work

The unaccounted-for climate costs of materials

Year: 2024

Type: article

Abstract: Materials production is a primary driver of anthropogenic greenhouse gas emissions; yet the externalized costs of these emissions on society are not reflected in market prices. Here, we estimate the externalized climate costs from materials production in the United States at approximately 79 billion USD per annum, and we highlight disparities in materials pricing. Proper accounting for such disparities can be leveraged to drive breakthroughs in technologies used for our material resources and manufacturing.

Source: Environmental Research Letters

DOI: 10.1088/1748-9326/ad796e

Authors: Paikea Colligan, Elisabeth Van Roijen, Seth Kane, Frances Moore, Sabbie A Miller

Institution: University of California, Davis

Language: English

Topic: Climate Change Policy and Economics

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Climate action, Responsible consumption and production

Open Access status: gold

Estimated APC paid: $2,820