Your search for social cost of carbon received 337 results.
- Biden’s Path Forward on the Social Cost of Carbon – …method for calculating the social cost of greenhouse gases, which will be key in evaluating government actions affecting climate change. NYU Law Professor Richard L. Revesz examines the change and says some related actions, including updating the discount rate used to evaluate future consequences, need to happen in the coming…
- 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.
- India Needs a Standard Metric for the Social Cost of GHG – While carrying out the cost-benefit analysis of different options to replace fossil fuels, these damages—also known as “externalities”—are often not taken into account or remain fuzzy. And that is where a tool like the SCC may help. As per the Institute for Policy Integrity, the SCC is “a metric designed…
- Omitted Damages: What’s Missing from the Social Cost of Carbon – The social cost of carbon is an estimate of the economic damage done by each ton of carbon dioxide spewed into the air. Howard examines the Integrated Assessment Models used to produce the social cost of carbon estimate and gives a comprehensive review of what each model accounts for and…
- Measuring the Cost of Climate Change – The “Social Cost of Carbon” at $40 per ton of avoided carbon emissions is the presumed payoff of cleaner electricity, and more efficient cars and fridges. The White House wants to gut this calculation, but Denise Grab at NYU says it won’t be easy. A federal court upheld this concept…
- Trump Administration Drops Social Cost of Carbon from $51 to $1 – …administration has “decimated” the social cost of carbon. The new analysis makes several key changes that Schwartz said are out of step with the thinking of economists. The new value has been narrowed to only consider the domestic impacts of carbon, while the Obama administration’s version also took into account…
- Biden’s Carbon Cost Calculation Key Step in Climate Agenda – …accurate value for the social cost of carbon will be vital for much of the Biden administration's environmental agenda, said Jason Schwartz, legal director at the Institute for Policy Integrity at New York University School of Law. "It is going to help in undoing all the harmful deregulation to climate…
- In a bizarre self-inflicted wound, The New Republic hires right-wing misinformer to debunk its artic – For a cost-benefit analysis of just focusing on US legislation, New York University School of Law’s Institute for Policy Integrity demonstrated last year that the Waxman-Markey American Clean Energy and Security Act (H.R. 2454) is “cost‐benefit justified under most reasonable assumptions about the likely social cost of carbon.’”
- Social Cost of Carbon Figure Too Low to Reflect Harms, Environmental Groups Say – …science that produced a social cost of carbon figure that is too conservative, environmental groups said Feb. 26. “This estimate should be regarded as the lower bound on the true number,” Richard Revesz, director of the Institute for Policy Integrity at the New York University School of Law, told reporters.…
- 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…