Social cost of carbon refers to the economic cost or loss in the discounted value of economic welfare induced by an additional unit of carbon dioxide emissions.
The generation of power from coal based thermal power plants is based on the combustion of coal as fuel and thus generate emissions that contribute to increasing the concentration of greenhouse gases in the atmosphere.
Health Costs of Carbon
The health impact of coal combustion is manifested in the form of negative impact on the respiratory system, cardiovascular diseases, neurological effects, etc.
