scholarly journals A near-term to net zero alternative to the social cost of carbon for setting carbon prices

2020 ◽  
Vol 10 (11) ◽  
pp. 1010-1014 ◽  
Author(s):  
Noah Kaufman ◽  
Alexander R. Barron ◽  
Wojciech Krawczyk ◽  
Peter Marsters ◽  
Haewon McJeon
Keyword(s):  
Social Cost ◽  
Social Cost Of Carbon ◽  
Net Zero ◽  
The Social ◽  
Near Term ◽  
Carbon Prices

scholarly journals Estimates of the social cost of carbon have not changed over time

2021 ◽  
Author(s):  
Richard Tol
Keyword(s):  
Climate Change ◽  
Stationary Distribution ◽  
Social Cost ◽  
Meta Analysis ◽  
Kernel Density ◽  
Social Cost Of Carbon ◽  
Almost Everywhere ◽  
The Social ◽  
Carbon Prices ◽  
Over Time

Abstract Some claim that as knowledge about climate change accumulates, the social cost of carbon increases. A meta-analysis of published estimates shows that this is not the case. Correcting for inflation and emission year and controlling for the discount rate, kernel density decomposition reveals a stationary distribution. Actual carbon prices are almost everywhere below the estimated social cost of carbon.

scholarly journals Inequality, climate impacts on the future poor, and carbon prices

2015 ◽  
Vol 112 (52) ◽  
pp. 15827-15832 ◽  
Author(s):  
Francis Dennig ◽  
Mark B. Budolfson ◽  
Marc Fleurbaey ◽  
Asher Siebert ◽  
Robert H. Socolow
Keyword(s):  
Social Cost ◽  
Climate Change Impacts ◽  
Carbon Price ◽  
Integrated Model ◽  
Climate Impacts ◽  
Social Cost Of Carbon ◽  
Fine Grained ◽  
The Social ◽  
Common Observation ◽  
Carbon Prices

Integrated assessment models of climate and the economy provide estimates of the social cost of carbon and inform climate policy. We create a variant of the Regional Integrated model of Climate and the Economy (RICE)—a regionally disaggregated version of the Dynamic Integrated model of Climate and the Economy (DICE)—in which we introduce a more fine-grained representation of economic inequalities within the model’s regions. This allows us to model the common observation that climate change impacts are not evenly distributed within regions and that poorer people are more vulnerable than the rest of the population. Our results suggest that this is important to the social cost of carbon—as significant, potentially, for the optimal carbon price as the debate between Stern and Nordhaus on discounting.

The social cost of carbon in a non-cooperative world

2021 ◽  
pp. 103490
Author(s):  
Christoph Hambel ◽  
Holger Kraft ◽  
Eduardo Schwartz
Keyword(s):  
Social Cost ◽  
Social Cost Of Carbon ◽  
The Social
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