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The economics of climate change : on the role of risk and preferences

Olijslagers, Stan - 2022

Persistent link: https://www.econbiz.de/10012818396

The Climate Risk Premium : How Uncertainty Affects the Social Cost of Carbon

Lemoine, Derek - 2020

I analyze the marginal value of reducing greenhouse gas emissions (the "social cost of carbon") under uncertainty about warming, under uncertainty about how much warming reduces consumption, and under stochastic shocks to consumption growth. I theoretically demonstrate that each of these sources...

Persistent link: https://www.econbiz.de/10012856351

The social cost of carbon with intragenerational inequality under economic uncertainty

Ploeg, Frederick van der; Emmerling, Johannes; Groom, … - 2022

intergenerational inequality aversion and for risk aversion. If growth increases (reduces) intra-generational inequality, the SDR is …

Persistent link: https://www.econbiz.de/10013206181

Climate Impacts on Economic Growth as Drivers of Uncertainty in the Social Cost of Carbon

Moyer, Elisabeth J. - 2015

One of the central ways that the costs of global warming are incorporated into U.S. law is in cost-benefit analysis of federal regulations. In 2010, to standardize analyses, an Interagency Working Group (IAWG) established a central estimate of the social cost of carbon (SCC) of $21/tCO2 drawn...

Persistent link: https://www.econbiz.de/10013035197

Climate Impacts on Economic Growth as Drivers of Uncertainty in the Social Cost of Carbon

Moyer, Elisabeth J. - 2015

Persistent link: https://www.econbiz.de/10013035198

Climate Risks and Carbon Prices : Revising the Social Cost of Carbon

Ackerman, Frank - 2014

The social cost of carbon - or marginal damage caused by an additional ton of carbon dioxide emissions - has been estimated by a U.S. government working group at $21/tCO2 in 2010. That calculation, however, omits many of the biggest risks associated with climate change, and downplays the impact...

Persistent link: https://www.econbiz.de/10013210340

Enabling or Hampering? Climate Risk and the Role of Finance in the Low-Carbon Transition

Battiston, Stefano; Monasterolo, Irene; Min, Jihoon; … - 2021

system in the low-carbon transition can lead to a large underestimation of climate transition risk. The set of scenarios that … financial supervisors recommended to investors to analyse climate transition risk include scenarios labelled as ‘disorderly … reshaped depending on the timing and the extent by which financial actors assess climate risk …

Persistent link: https://www.econbiz.de/10013245676

The treatment of risk and uncertainty in the US social cost of carbon for regulatory impact analysis

Dietz, Simon - 2012

This note considers the treatment of risk and uncertainty in the recently established "social cost of carbon" (SCC) for … discounting, it mis-estimated climate risk, possibly hugely. Given the uncertainty about estimating the SCC, the note concludes by … that very target. -- ambiguity ; climate change ; discounting ; integrated assessment modelling ; risk; social cost of …

Persistent link: https://www.econbiz.de/10009544394

Social Cost of Carbon under stochastic tipping points : when does risk play a role?

Taconet, Nicolas; Guivarch, Céline; Pottier, Antonin - In: Environmental and resource economics 78 (2021) 4, pp. 709-737

Persistent link: https://www.econbiz.de/10012495383

How certain are we about the certainty-equivalent long term social discount rate?

Freeman, Mark C.; Groom, Benjamin - In: Journal of environmental economics and management : … 79 (2016), pp. 152-168

Persistent link: https://www.econbiz.de/10011614055