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May 27,2020
Kevin Cromar on Incorporating Health Impacts
In Social Cost of Carbon Models
Director of Health, Environment, and Policy, Kevin Cromar, recently participated in a panel discussing “Health in the Social Cost of Carbon: Recent Advances to Fill a Critical Gap,” co-hosted by George Washington University’s Institute for International Economic Policy, Climate and Health Institute, and Department of Environmental and Occupational Health. The social cost of carbon is the monetized damages associated with incremental increases in greenhouse gases, intended to include the value of all climate-change impacts. Cromar noted:
Health researchers and economists have worked in isolation for far too long, and this is the root cause of the incomplete estimates of the health impacts of climate change in [existing] models. The solution is for economists and health researchers to better work together so we can improve the health portion of the social cost of greenhouse gases.
Cromar also described the effort he has led to bring together health and economic experts to better inform how health impacts are incorporated into soon-to-be released updates to social-cost-of-greenhouse-gas estimates that will be used in U.S. policy analysis.