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 …

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 …

Confronting mitigation deterrence in low-carbon scenarios

N Grant, A Hawkes, S Mittal… - Environmental Research …, 2021 - iopscience.iop.org
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 …

Cost reductions in renewables can substantially erode the value of carbon capture and storage in mitigation pathways

N Grant, A Hawkes, T Napp, A Gambhir - One Earth, 2021 - cell.com
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 …

Discounting for climate change

D Anthoff, RSJ Tol, GW Yohe - Economics, 2009 - degruyter.com
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 …

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 …

[PDF][PDF] Applying asset pricing theory to calibrate the price of climate risk

KD Daniel, RB Litterman, G Wagner - 2016 - aeaweb.org
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 …

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 …

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 …

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 …