A simple formula for the social cost of carbon
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چکیده
منابع مشابه
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The social cost of carbon
The social cost of carbon may be the most important number you’ve never heard of. U.S. climate legislation may or may not make it through Congress this year, but in the meantime, the Environmental Protection Agency is moving ahead, authorized by the Supreme Court to limit greenhouse gas emissions. The Department of Energy is setting energy efficiency standards for residential appliances and com...
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Calculating the Social Cost of Carbon
The paper discusses the determination of the social cost of carbon (SCC) using the PAGE2002 model used in the Stern Review. The SCC depends sensitively on assumptions about future economic development, the range and likelihood of economic and social damage arising from climate change at future dates and the discount rate to apply to that damage. The paper critically examines the choice of pure ...
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ژورنال
عنوان ژورنال: Journal of Environmental Economics and Management
سال: 2016
ISSN: 0095-0696
DOI: 10.1016/j.jeem.2016.01.005