Ackerman, Frank; Stanton, Elizabeth A. - In: Economics: The Open-Access, Open-Assessment E-Journal 6 (2012) 2012-10, pp. 1-25
The social cost of carbon - or marginal damage caused by an additional ton of carbon dioxide emissions - has been … social cost of carbon is uncertain across a broad range, and could be much higher than $21/tCO2. In our case combining high … climate sensitivity, high damages, and a low discount rate, the social cost of carbon could be almost $900/tCO2 in 2010 …