Research into the social cost of carbon emissions ? the marginal social damage from a tonne of emitted carbon ? has tended to focus on "best guess" scenarios. Such scenarios generally ignore the potential for low-probability, high-damage events, which are critically important to determining optimal climate policy. This paper uses the FUND integrated assessment model to investigate the influence of three types of low-probability, high-impact climate responses on the social cost of carbon: the collapse of the Atlantic Ocean Meridional Overturning Circulation; large scale dissociation of oceanic methane hydrates; and climate sensitivities above "best guess" levels. We find that incorporating these events can increase the social cost of carbon ...
The Stern Review reported a social cost of carbon of over $300/tC, calling for ambitious climate pol...
With the change of climate issues and the needs of economic development, the idea of practicing gree...
Reducing greenhouse gas emissions not only lowers expected damages from climate change but also redu...
Research into the social cost of carbon emissions — the marginal social damage from a tonne of emitt...
Research into the social cost of carbon emissions — the marginal social damage from a ton of emitted...
International audienceIs climate change concerning because of its expected damages, or because of th...
Recent thinking about the economics of climate change has concerned the appropriate probability dist...
This paper uses imputed national climate change impact functions to estimate national social costs o...
Many studies have estimated the social cost of carbon (SCC). We critically evaluate SCC estimates, f...
The paper1 discusses the determination of the social cost of carbon (SCC) using the PAGE2002 model u...
Drawing upon climate change damage specifications previously proposed in the literature that the aut...
An expanding branch of research has estimated the potential costs of climate change, which are often...
An expanding branch of research has estimated the potential costs of climate change, which are often...
The social cost of carbon is the damage avoided by slightly reducing carbon dioxide emissions. It is...
Drawing upon climate change damage specifications previously proposed in the literature that the aut...
The Stern Review reported a social cost of carbon of over $300/tC, calling for ambitious climate pol...
With the change of climate issues and the needs of economic development, the idea of practicing gree...
Reducing greenhouse gas emissions not only lowers expected damages from climate change but also redu...
Research into the social cost of carbon emissions — the marginal social damage from a tonne of emitt...
Research into the social cost of carbon emissions — the marginal social damage from a ton of emitted...
International audienceIs climate change concerning because of its expected damages, or because of th...
Recent thinking about the economics of climate change has concerned the appropriate probability dist...
This paper uses imputed national climate change impact functions to estimate national social costs o...
Many studies have estimated the social cost of carbon (SCC). We critically evaluate SCC estimates, f...
The paper1 discusses the determination of the social cost of carbon (SCC) using the PAGE2002 model u...
Drawing upon climate change damage specifications previously proposed in the literature that the aut...
An expanding branch of research has estimated the potential costs of climate change, which are often...
An expanding branch of research has estimated the potential costs of climate change, which are often...
The social cost of carbon is the damage avoided by slightly reducing carbon dioxide emissions. It is...
Drawing upon climate change damage specifications previously proposed in the literature that the aut...
The Stern Review reported a social cost of carbon of over $300/tC, calling for ambitious climate pol...
With the change of climate issues and the needs of economic development, the idea of practicing gree...
Reducing greenhouse gas emissions not only lowers expected damages from climate change but also redu...