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input into cost-benefit analysis of climate policy and regulation. We provide a set of new estimates of the social cost of …
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-best carbon prices are. The computational climate policy literature has so far avoided this conclusion by altering time … inefficient policy prescriptions and, furthermore, has the particularly undesirable consequence of incorrectly discounting future … in discount rates - is well-known and should be acknowledged head on in climate policy analysis. Doing so results in …
Persistent link: https://www.econbiz.de/10012602352
-best carbon prices are. The computational climate policy literature has so far avoided this conclusion by altering time … inefficient policy prescriptions and, furthermore, has the particularly undesirable consequence of incorrectly discounting future … in discount rates - is well-known and should be acknowledged head on in climate policy analysis. Doing so results in …
Persistent link: https://www.econbiz.de/10013215895
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/10011547505
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/10011500170
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...
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