Comment by fulafel
3 months ago
These losses are peanuts compared to the externalities.
article:
> its net profit over those 47 years sits at negative $37 billion
EPA social cost of carbon: $190/ton [1]
US aviation annual emissions: 200 million tons/year
Global warming impact of aviation emissions is leveraged[3] 1.7x because burning it in upper atmosphere is worse.
cost: 190 x 200M * 1.7 = 64600M = or ~65 B / year.
And the articles calcualted loss was over the whole 47 years.
(The 190 per ton cost is for today, it's projected to go up as things get worse.)
[1] https://www.epa.gov/system/files/documents/2023-12/epa_scghg...
[2] https://www.eesi.org/articles/view/u.s-and-international-com...
[3] https://ourworldindata.org/global-aviation-emissions#non-co2...