How does the rias monetize the costs and benefits

Reference no: EM133376162

How does the RIAS monetize the costs and benefits?

Explain "social cost of carbon (SCC)" in terms of monetizing the benefit (the benefit is often the difficult part to monetize, as we saw in the Front of Pack Labeling case study, which estimated the dollar amount ($49) each Canadian house holds would be willing to pay each year for 15 years for better food information). Please explain "societal cost per tonne" in terms of monetizing the costs to society.

Reference no: EM133376162

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