This is basically real estate slumlord NPV accounting. It’s the rough equivalent of lowballing property (or rather, antiproperty or waste) valuation to lower taxes. From $50 to $7/ton of GHG reduction
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The math of spatiotemporal selfishness. “the EPA no longer counts climate benefits that occur outside US borders. That’s daft, but even more daft, rather than the Obama administration’s 3 percent
discount rate, it is using a discount rate of 7 percent.”
vox.com/platform/amp/e
