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 Carbon dioxide 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. effects 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.