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Carbon Should Cost 3.6 Times More Than US Price, Study Says

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Time to Charge for Carbon?
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(AP) -- Each ton of carbon dioxide that exits a smokestack or tailpipe is doing far more damage than what governments take into account, researchers conclude in a scientific paper published Thursday.

Major hurricanes pack more rain, while extremes of wildfire, drought and downpours are all happening more often and with more intensity due to climate change, causing loss of communities, homes and lives all over the world. But what is the actual cost in dollar terms of the carbon emissions driving climactic change?