The social cost of carbon
RSJ Tol - Annu. Rev. Resour. Econ., 2011 - annualreviews.org
This article surveys the literature on the economic impact of climate change. Different
methods have been used to estimate the impact of climate change on human welfare …
methods have been used to estimate the impact of climate change on human welfare …
The economic impact of climate change
RSJ Tol - Perspektiven der Wirtschaftspolitik, 2010 - degruyter.com
This paper surveys the literature on the economic impact of climate change. Different
methods have been used to estimate the impact of climate change on human welfare …
methods have been used to estimate the impact of climate change on human welfare …
Confronting mitigation deterrence in low-carbon scenarios
Carbon dioxide removal (CDR) features heavily in low-carbon scenarios, where it often
substitutes for emission reductions in both the near-term and long-term, enabling …
substitutes for emission reductions in both the near-term and long-term, enabling …
Cost reductions in renewables can substantially erode the value of carbon capture and storage in mitigation pathways
Tackling climate change requires a rapid transition to net-zero energy systems. A variety of
different technologies could contribute to this transition, and uncertainty remains over their …
different technologies could contribute to this transition, and uncertainty remains over their …
Discounting for climate change
It is well-known that the discount rate is crucially important for estimating the social cost of
carbon, a standard indicator for the seriousness of climate change and desirable level of …
carbon, a standard indicator for the seriousness of climate change and desirable level of …
Optimal climate change mitigation under long-term growth uncertainty: Stochastic integrated assessment and analytic findings
S Jensen, CP Traeger - European Economic Review, 2014 - Elsevier
Economic growth over the coming centuries is one of the major determinants of today׳ s
optimal greenhouse gas mitigation policy. At the same time, long-run economic growth is …
optimal greenhouse gas mitigation policy. At the same time, long-run economic growth is …
[PDF][PDF] Applying asset pricing theory to calibrate the price of climate risk
Pricing greenhouse gas emissions is a risk management problem. It involves making trade-
offs between consumption today and unknown and potentially catastrophic damages in the …
offs between consumption today and unknown and potentially catastrophic damages in the …
Optimal CO2 mitigation under damage risk valuation
B Crost, CP Traeger - Nature Climate Change, 2014 - nature.com
The current generation has to set mitigation policy under uncertainty about the economic
consequences of climate change. This uncertainty governs both the level of damages for a …
consequences of climate change. This uncertainty governs both the level of damages for a …
Inequality and the social cost of carbon
D Anthoff, J Emmerling - Journal of the Association of …, 2019 - journals.uchicago.edu
We present 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 …
aversion between regions in the computation of the social cost of carbon. Our approach …
Epstein–Zin utility in DICE: Is risk aversion irrelevant to climate policy?
F Ackerman, EA Stanton, R Bueno - Environmental and Resource …, 2013 - Springer
Climate change involves uncertain probabilities of catastrophic risks, and very longterm
consequences of current actions. Climate economics, therefore, is centrally concerned with …
consequences of current actions. Climate economics, therefore, is centrally concerned with …