Your search for social cost of carbon received 118 results.
- Facing the right costs would help us understand the value of reducing greenhouse gas emissions – In a paper published on 10 April 2014 in the leading peer-reviewed journal Nature, Professor Richard Revesz from New York University and distinguished co-authors argue that current values reported for the SCC are underestimated, due to inherent assumptions that current climate-economic models make about the time-dependence of future climate change…
- Criticism of EPA’s Economic Analysis Sorely Misplaced – A recent report from the U.S. Government Accountability Office (GAO) suggests that the Environmental Protection Agency (EPA) should improve the way it analyzes regulations. Critics have been quick to trumpet the EPA’s “failure,” but in reality, the EPA deserves an A (or at least an A-).
- Report argues that climate change-induced wildfires should factor into carbon’s social cost – …included in the U.S. government’s future estimates of the social cost of carbon emissions. This is the argument in a report released today by New York University’s Institute for Policy Integrity, the Natural Resources Defense Council and the Environmental Defense Fund.
- Climate change may add billions to wildfire costs, study says – U.S. wildfires cost as much as $125 billion annually, but climate change could add as much as $60 billion to the bill by 2050, the study said. The projected cost increase is attributed to an expanding area in which wildfires burn — estimated to be 50% to 100% larger by…
- The Economic Cost of Carbon Pollution Is Much Greater Than Estimated, Say Stanford Researchers – “Results like this should give a pause that maybe we should start being more cautious,” Peter Howard, an economist at NYU Law School’s Institute for Policy Integrity, told VICE News. “Maybe this doesn’t happen, but if it does it could be quite costly, and we should take this risk into…
- Let’s Cut All Energy Subsidies and Start Taxing Pollution – Energy subsidies have become a hot topic on the presidential campaign trail. Jeb Bush recently called for an end to all subsidies–those that support fossil fuels as well as those aiding renewable energy. Most Democrats in the presidential race support ending tax breaks for fossil-fuel companies, but believe that subsidies…
- Court Backs Obama’s Climate Change Accounting – The Institute for Policy Integrity said the ruling is significant for including climate change in cost-benefit analyses. “This ruling provides significant support for the social cost of carbon as a regulatory policy tool,” Denise Grab, a senior attorney with the institute, said in a statement.
- Carbon Costs Ruling Favors Environment Over Industry – Jayni Foley Hein, the policy director at the Institute for Policy Integrity at NYU School of Law, told me that not all companies oppose SCC, and that some, like Microsoft, actually have an internal social cost of carbon.
- How a Recent Court Ruling Could Transform Energy Policy – …Seventh Circuit has formally endorsed the use of the social cost of carbon, it could become one of the primary tools used to shape policies on environmental regulation, energy efficiency, natural resource leasing, and environmental impact quantification.
- The Coming Battle Between Economists and the Trump Team Over the True Cost of Climate Change – The new administration almost certainly couldn’t make any major changes without providing adequate scientific and economic justification, said Richard Revesz, a law professor and dean emeritus of the New York University School of Law. Otherwise, the move would also likely be struck down in court as “arbitrary and capricious,” he…