Which of the following statements best describes the term 'Social Cost of Carbon'?

It is a measure, in monetary value, of the

1
long-term damage done by a tonne of CO2 emission in a given year.
2
requirement of fossil fuels for a country to provide goods and services to its citizens, based on the burning of those fuels.
3
efforts put in by a climate refugee to adapt to live in a new place.
4
More than one of the above
5
None of the above

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