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Estimating the Social Cost of Carbon for Use in U . S . Federal Rulemakings : A Summary and Interpretation
| Content Provider | Semantic Scholar |
|---|---|
| Author | Greenstone, Michael Kopits, Elizabeth Wolverton, Ann |
| Copyright Year | 2011 |
| Abstract | 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. JEL Codes: Q54, Q51, and Q58 |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://dspace.mit.edu/bitstream/handle/1721.1/66276/2011-006.pdf?sequence=1 |
| Alternate Webpage(s) | http://web.mit.edu/ceepr/www/publications/workingpapers/2011-006.pdf |
| Alternate Webpage(s) | http://dspace.mit.edu/bitstream/handle/1721.1/71554/Greenstone11-04.pdf;jsessionid=208062E9113F681DCFF436BA4F61CA6C?sequence=1 |
| Alternate Webpage(s) | http://ceepr.mit.edu/files/papers/2011-006.pdf |
| Language | English |
| Access Restriction | Open |
| Subject Keyword | Acclimatization Carbon Dioxide Catastrophic interference Code Emission - Male genitalia finding Estimated Gases IT risk Increment Injury of cornea Mandibular right second molar tooth Published Comment Risk aversion benefit metric ton |
| Content Type | Text |
| Resource Type | Summary |
