Foley, Duncan K.; Rezai, Armon; Taylor, Lance - In: Economics Letters 121 (2013) 1, pp. 90-97
Determining the social cost of carbon emissions (SCC) is a crucial step in the economic analysis of climate change policy as the US government’s recent decision to use a range of estimates of the SCC centered at $77/tC (or, equivalently, $21/tCO2) in cost-benefit analyses of proposed...