Which one of the following statements best describes the term ‘Social Cost of Carbon’? It is a measure, in monetary value, of the

(a) Efforts put in by a climate refugee to adapt to live in a new place

(b) Long-term damage done by a tone of carbon dioxide emissions in a giver year.

(c) Contribution of an individual person to the carbon footprint on the plant Earth

(d) Requirement of fossil fuels for a country to provide goods and services to its citizens, based on burning of those fuels