Your search for social cost of carbon received 35 results.
- How the Trump Administration Is Obscuring the Costs of Climate Change – …a tool called the Social Cost of Carbon (SCC). The SCC puts a dollar value on the most significant, quantifiable damages caused by each additional ton of carbon dioxide emitted. The most recent estimate of the cost is at least $51 per ton and rising over time. But now, turning…
- 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 in Nature.
- Analytical Clarity – Recently completed and draft guidance is ushering in updated practices for federal benefit-cost analysis. This policy brief examines the impact of two of the most significant upcoming changes: to the discount rate and the social cost of greenhouse gases.
- Strategically Estimating Climate Pollution Costs in a Global Environment – …Working Group on the Social Cost of Greenhouse Gases provides compelling justifications to focus on global estimates. Based on a wide range available evidence, the Working Group should consider recommending a domestic valuation of at least 75% or more of the global values for optional use as a lower-bound estimate…
- Wisdom of the Experts – The social cost of carbon (SCC) and the climate-economic models underlying this prominent US climate policy instrument are heavily affected by modeler opinion and therefore may not reflect the views of most climate economists. To test whether differences exist, we recalibrate key uncertain model parameters using formal expert elicitation: a…
- The Social Cost of Greenhouse Gases: An Overview – …updated values for the social cost of greenhouse gases (SC-GHG), following public comment and expert peer review. The agency derived these estimates using the best available science and economics, and the estimates represent a significant step forward in our ability to properly value climate effects. The brief is intended to…
- Unlocking the Green Economy – Unlocking the Green Economy: How Carbon Pricing Can Open the Floodgates of Private Investment in Clean Energy calls for the Obama Administration to implement carbon pricing as a necessary step to transition to a green U.S. economy.
- CLEAR & The Economy – …place a price on carbon, auction 100% of the pollution permits, and refund most of the revenue back to consumers. This brief found that pricing carbon would spur investment and innovation in new energy technologies, giving a substantial boost to industries like manufacturing and construction—both hit hard in the recent…
- Consensus on Carbon Dioxide Removal – …project that large-scale, widespread carbon dioxide removal (CDR) will be necessary to reach net-zero greenhouse gas emissions, and thereby stop exacerbating climate change before United Nations temperature limits are exceeded this century. However, concerns about costs, technological constraints, safety, environmental justice impacts, moral hazard, and other issues contribute to tremendous…
- The Economic Climate – This working paper offers detailed analysis of our survey of economic experts on climate change issues. We surveyed all those who published an article on climate change in a highly ranked economics journal over the past 20 years. The survey focused on estimated climate impacts and appropriate policy responses, and…