Your search for social cost of carbon received 118 results.
- Climate Models Underestimate Future Costs, Says Study – …pay more for today’s carbon emissions than what governments across the world currently understand. The climate models used by policymakers around the world to estimate the economic and social costs of CO2 emissions have to be improved according to Thomas Sterner, professor of Environmental Economics at the School of Business,…
- Pay Now or Pay More Later – …for the climate. Any benefit-cost analysis of these decisions ought to include their climate impact. If a particular decision will lead to more greenhouse gas emissions — building the Keystone XL pipeline, for example — that figure ought to go on the cost side of the ledger. If the decision…
- Gothenburg Scientist in Nature Journal: Climate Models Underestimate Costs to Future Generations – The seven scientists behind the article, due to be published 10 April, conclude that the reports by the UN climate panel serve an important function in setting the agenda for climate research. Yet the most important role of the Intergovernmental Panel on Climate Change (IPCC) is to inform the global…
- Policy Integrity Adviser Livermore Says Administration Underestimating Social Cost of Carbon – …in Washington surrounding the social cost of carbon, has the Obama administration been transparent enough with its modeling and final cost determination? How likely is a legal challenge to the administration’s current rule? During today’s OnPoint, Michael Livermore, a professor at the University of Virginia School of Law and a…
- Global Warming: Improve Economic Models of Climate Change – Costs of carbon emissions are being underestimated, but current estimates are still valuable for setting mitigation policy, say Richard L. Revesz, Peter H. Howard, Kenneth Arrow, Lawrence H. Goulder, Robert E. Kopp, Michael A. Livermore, Michael Oppenheimer, and Thomas Sterner. On 31 March, the Intergovernmental Panel on Climate Change released…
- Stanford Economists Say Social Cost of Carbon Too Low – …six other law and economics scholars, said the controversial “social cost of carbon” calculations developed by the federal government are too low, not too high, as conservatives argue.
- The Price of Ignoring Climate Change Is Far Higher Than We Think – …as part of the Cost of Carbon Pollution project, a trio of groups—the Environmental Defense Fund, NYU’s Institute for Policy Integrity, and the Natural Resources Defense Council—explain how the Obama administration is continuing to lowball these “social cost of carbon pollution” estimates. … The debate seems obscure, but it could…
- Everyone Is Bad at Pricing Carbon — and Society Is Paying – …we are from understanding carbon emissions’ full cost to society. The U.S. government estimates that the social cost of carbon emissions is about $37 a tonne. But the report finds that the “latest scientific and economic research shows that $37 should be viewed as a lower bound” for the cost…
- Social Cost of Carbon Figure Doesn’t Quantify Some Harms Posed by Warming, Report Says – The federal government’s revised social cost of carbon figure is too low to adequately capture several social and economic harms posed by climate change, environmental groups said in a report released March 13. The $37 per metric ton figure that federal agencies use to calculate the impact of climate change…
- Cost of Carbon Greatly Underestimated: Report – Carbon dioxide emissions are causing the climate to change and those changes come with a real cost. The big questions are what’s the price tag for that “social” cost and when does it gets paid? According to a new report, current best estimates could actually be on the low end…