{"id":13694,"date":"2026-01-16T11:08:50","date_gmt":"2026-01-16T09:08:50","guid":{"rendered":"https:\/\/ultimabozza.it\/the-ocean-presents-the-bill-co%e2%82%82-costs-us-dearly\/"},"modified":"2026-01-16T16:30:28","modified_gmt":"2026-01-16T14:30:28","slug":"the-ocean-presents-the-bill-co%e2%82%82-costs-us-dearly","status":"publish","type":"post","link":"https:\/\/ultimabozza.it\/en\/the-ocean-presents-the-bill-co%e2%82%82-costs-us-dearly\/","title":{"rendered":"The ocean presents the bill: CO\u2082 costs us dearly"},"content":{"rendered":"\n

For years we have been reckoning without a key item. A new international study<\/a> shows that excluding the ocean from climate economic assessments has led to heavy underestimation of CO\u2082 damage.<\/strong> When you finally put the sea in the budget, the social cost of carbon nearly doubles<\/strong>. <\/p>\n\n

The research-which also involves Cmcc<\/strong> scientists-introduces a basic concept that had been curiously ignored until now: if we also measure what global warming causes to marine ecosystems and economic activities that depend on the sea<\/strong>, the real price of emissions changes dramatically. And not for the better. <\/p>\n\n

The “hidden cost” of CO\u2082.<\/strong><\/h3>\n\n

The social cost of carbon is the number economists use to estimate how much harm one ton of CO\u2082 emitted today produces in monetary terms.<\/strong> It is a crucial figure: it guides carbon and climate policy prices in a cost-benefit analysis. The problem is that, until now, the sea has remained out of the bill<\/strong>. <\/p>\n\n

By integrating the latest ocean science into climate-economic models, researchers estimate that ocean impacts alone are worth about $48 per ton of CO\u2082.<\/strong> That’s extra to add to current estimates. If we then factor in the damages that will fall on future generations, the figure exceeds $150 per ton<\/strong>, bringing the total damages to nearly double<\/strong> those used in many policy decisions today. <\/p>\n\n

Because the sea matters<\/strong><\/h3>\n\n

Oceans cover more than 70 percent of the Planet and support a huge slice of our well-being: food, trade, coastal protection, health, tourism, cultural values.<\/strong> Yet these benefits-especially those not traded in the marketplace-have been largely ignored in economic models. <\/p>\n\n

The study fills the gap by translating physical impacts<\/strong> (warming, acidification, habitat loss) into welfare losses.<\/strong> Inside are the “classic” damages–declining fisheries, struggling aquaculture, more vulnerable ports–but also the invisible<\/strong> ones: nutrition, health, biodiversity, recreational value. <\/p>\n\n

An unsettling fact: Almost half of ocean-related climate damage comes through health<\/strong>. In many countries, especially islands and low-income states, fish is an essential source of protein and micronutrients. When supplies decline, mortality and disease increase<\/strong>. Real costs, often unaccounted for. <\/p>\n\n

Corals and mangroves<\/strong><\/h3>\n\n

Coral reefs<\/strong> are emerging as a major driver of economic losses. They are extremely sensitive to temperature and acidification, but provide ecosystem services that can be worth hundreds of thousands-sometimes millions-of dollars per hectare<\/strong>: fisheries, tourism, coastal protection, biodiversity. <\/p>\n\n

The same goes for mangroves and other coastal ecosystems<\/strong>, which function as true natural infrastructures<\/strong> against storm surges and sea level rise. Losing them means exposing yourself to more frequent and more costly damage. And no, concrete is not an equivalent substitute. <\/p>\n\n

Most affected<\/strong><\/h3>\n\n

Ocean damages do not affect everyone equally<\/strong>. Where dependence on the sea is greatest-small islands and poorer countries-the welfare losses are enormous. In some economies, ocean impacts are worth 20-30% of total climate damage<\/strong>, amplifying already deep inequalities. <\/p>\n\n

If we ignore the ocean, carbon prices are therefore too low<\/strong>. Today in major markets, such as Europe, they are around 70-80 euros per ton.<\/strong> Estimates that include the sea suggest much higher<\/strong> levels, and thus faster emission cuts<\/strong> not out of ideology, but out of pure economic logic. <\/p>\n\n

The point is not to “save the fish” out of romanticism. It is to recognize that nature supports human well-being in many different ways<\/strong>, and that a changing climate is eroding this foundation. Losing a coral reef or a mangrove forest is not just an environmental loss<\/strong>: it is a dry loss of well-being for people, difficult to replace with man-made alternatives. <\/p>\n","protected":false},"excerpt":{"rendered":"

When the damages that will fall on future generations are also taken into account, the figure exceeds $150 per ton, bringing the total damages to almost double those used today to assess the expediency of many policy decisions<\/p>\n","protected":false},"author":5,"featured_media":13695,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAowscnaCw:productID":"","_app_feed_target":"","footnotes":""},"categories":[1598],"tags":[1878,1848],"class_list":["post-13694","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-emissions","tag-co2-emissions","tag-oceans"],"yoast_head":"\nThe ocean presents the bill: CO\u2082 costs us dearly • Ultima Bozza<\/title>\n<meta name=\"description\" content=\"When the damages that will fall on future generations are also taken into account, the figure exceeds $150 per ton, bringing the total damages to almost double those used today to assess 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