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Climate risks and carbon prices : revising the social cost of carbon

Ackerman, Frank; Stanton, Elizabeth A. - 2011

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 in 2010. That calculation, however, omits many of the biggest risks associated with climate change, and downplays the impact of...

Persistent link: https://www.econbiz.de/10009304029

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

Ackerman, Frank - 2014

Persistent link: https://www.econbiz.de/10013066981

Voluntary Exposure Benefits and the Costs of Climate Change

Leard, Benjamin - 2017

We identify behavioral responses, defined as “voluntary exposure benefits,” that have the potential to offset measured costs of climate change. We quantify these responses for the transportation sector. We find warmer temperatures and reduced snowfall are associated with an increase in fatal...

Persistent link: https://www.econbiz.de/10012971518

Evaluating the Key Drivers of the US Government's Social Cost of Carbon : A Model Diagnostic and Inter-Comparison Study of Climate Impacts in DICE, FUND, and PAGE

Diaz, Delavane - 2015

The social cost of carbon (SCC) is a monetary estimate of the climate change damages to society from an additional emission of carbon dioxide (CO<sub>2</sub>). US agencies are now required to apply the SCC to assess the potential benefits of CO<sub>2</sub> reductions in federal regulations, including rules and...

Persistent link: https://www.econbiz.de/10013016098

Think Global : International Reciprocity as Justification for a Global Social Cost of Carbon

Howard, Peter - 2016

Persistent link: https://www.econbiz.de/10012985300

On a World Climate Assembly and the Social Cost of Carbon

Weitzman, Martin - 2018

conceptually useful allegory of a futuristic "World Climate Assembly" (WCA) that votes for a single worldwide price on carbon … derives fresh insights and new simple formulas that relate each emitter's most-preferred world price of carbon to the world … "Social Cost of Carbon" (SCC), and further relates the WCA-voted world price of carbon to the world SCC. I argue that the WCA …

Persistent link: https://www.econbiz.de/10012929696

Arbitrariness Review (With Special Reference to the Social Cost of Carbon)

Sunstein, Cass R. - 2021

In its ideal form, arbitrariness review is an instrument for promoting “deliberative democracy” – a system that combines reason-giving with political accountability. Under arbitrariness review in its current form, courts tend to embrace the “hard look doctrine,” which has a procedural...

Persistent link: https://www.econbiz.de/10013220666

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 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

Estimating the Social Cost of Carbon for Use in U.S. Federal Rulemakings : A Summary and Interpretation

Greenstone, Michael; Kopits, Elizabeth; Wolverton, Maryann - 2014

The United States Government recently concluded a year-long process to develop a range of values representing the monetized damages associated with an incremental increase in carbon dioxide (CO2) emissions, commonly referred to as the social cost of carbon (SCC). These values are currently used...

Persistent link: https://www.econbiz.de/10014184436