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. It is one of the determinants of the discount rate, and one of the drivers of emissions and hence climate change. We find …
Persistent link: https://www.econbiz.de/10010298596
roles, as well. It is one of the determinants of the discount rate, and one of the drivers of emissions and hence climate …
Persistent link: https://www.econbiz.de/10010298642
The social cost of carbon is an estimate of the benefit of reducing CO2 emissions by one ton today. As such it is a key …
Persistent link: https://www.econbiz.de/10010305852
emissions. We show the results of a range of sensitivity analyses, focusing on the impact of carbon dioxide fertilization …. Ignored in previous studies of the social cost of greenhouse gas emissions, carbon dioxide fertilization has a positive effect … non-carbon dioxide greenhouse gas emissions. When leaving out carbon dioxide fertilization, our estimate of the social …
Persistent link: https://www.econbiz.de/10010306869
The authors estimate the growth rate of the social cost of carbon. This is an indication of the optimal rate of acceleration of greenhouse gas emission reduction policy over time. The authors find that the social cost of carbon increases by 1.3% to 3.9% per year, with a central estimate of 2.2%....
Persistent link: https://www.econbiz.de/10010307335
The economics of climate change involves a vast array of uncertainties, complicating both the analysis and development of climate policy. This study presents the results of the first comprehensive study of uncertainty in climate change using multiple integrated assessment models. The study looks...
Persistent link: https://www.econbiz.de/10011388200
This paper presents a novel way to disentangle inequality aversion over time from inequality aversion between regions in the computation of the Social Cost of Carbon. Our approach nests a standard efficiency based Social Cost of Carbon estimate and an equity weighted Social Cost of Carbon...
Persistent link: https://www.econbiz.de/10011586846
The social cost of carbon (SCC) is a monetary measure of the harms from carbon emission. Specifically, it is the reduction in current consumption that produces a loss in social welfare equivalent to that caused by the emission of a ton of CO2. The standard approach is to calculate the SCC using...
Persistent link: https://www.econbiz.de/10011586847
Estimates of the marginal damage costs of carbon dioxide emissions require the aggregation of monetised impacts of …
Persistent link: https://www.econbiz.de/10010264417
. It is one of the determinants of the discount rate, and one of the drivers of emissions and hence climate change. We find …
Persistent link: https://www.econbiz.de/10010277645