Greenstone, Michael
[VerfasserIn]
;
Wolverton, Ann
[Sonstige Person, Familie und Körperschaft];
Kopits, Elizabeth
[Sonstige Person, Familie und Körperschaft]National Bureau of Economic Research
Estimating the Social Cost of Carbon for Use in U.S. Federal Rulemakings
: A Summary and Interpretation
Erschienen:
Cambridge, Mass: National Bureau of Economic Research, March 2011
Erschienen in:NBER working paper series ; no. w16913
Umfang:
1 Online-Ressource
Sprache:
Englisch
DOI:
10.3386/w16913
Identifikator:
Reproduktionsnotiz:
Hardcopy version available to institutional subscribers
Entstehung:
Anmerkungen:
Mode of access: World Wide Web
System requirements: Adobe [Acrobat] Reader required for PDF files
Beschreibung:
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 in benefit-cost analyses to assess potential federal regulations. For 2010, the central value of the SCC is $21 per ton of CO2 emissions and sensitivity analyses are to be conducted at $5, $35, and $65 (2007$). This paper summarizes the methodology and process used to develop the SCC values, complemented with our own commentary about how the SCC can be used to inform regulatory decisions and areas where further research would be particularly useful