What’s the True Cost of Carbon?


Steve Nelson | Flickr

Carbon accounting passes legal muster. If we’re going to fix the climate, we have to plug it into our numbers — the statistical models and accounting books that drive decision-making in business, government, and ultimately, our lives. The Obama administration has been trying to require its agencies to include the “social cost” of carbon in all their calculations, and opponents have pushed back in the courts. Those challenges got consolidated into one big appeal, and this week, a federal appeals court upheld the White House, maintaining the rules (Bloomberg). That’s good news as we try to imagine retooling the national and global economy so it doesn’t wreck the planet — by, for example, figuring out how to transform coal jobs into solar jobs (Grist). There’ll be plenty of argument about how to price each unit of climate havoc: for 2015, the feds calculate $36 for each ton of carbon emitted. Anything is better than pretending it costs nothing at all.

Old starts to become the new young. Graying boomers at the tail ends of their careers are facing discrimination, many for the first time (Washington Post). That means more bad blood in the inter-generational grudge match between millennials and their elders, and more lost opportunities for companies that snub veteran employees — and lose their expertise. If there’s an upside here, it’s that older workers may gain more empathy for the many other kinds of discrimination so many colleagues face, and embrace diversity wholeheartedly instead of resenting it, as some do. Even if your organization believes (as Mark Zuckerberg once said) that “young people are just smarter,” and isn’t deterred by the legal or moral case against ageism, it may have to get more comfortable with hiring olds: many countries’ workforces are graying rapidly (Bloomberg). When it comes to aging, no one’s exempt.

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