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A new report on the “social cost of carbon” identifies significant weaknesses in current cost-benefit analyses that do not adequately measure the real harm inflicted from climate change. The report, “More than Meets the Eye: The Social Cost of Carbon in U.S. Climate Policy, in Plain English,” released by the World Resources Institute and the Environmental Law Institute, examines how current government models often include judgment calls and assumptions that are hidden from policymakers and the public, and that underestimate the benefits from taking action to control greenhouse gas emissions.