Does Using the Social Cost of Carbon Matter?: An Assessment of U.S. Policy

2013 ◽  
Author(s):  
Robert W. Hahn ◽  
Robert Ritz
Keyword(s):  
Social Cost ◽  
Social Cost Of Carbon ◽  
The Social ◽  
Carbon Matter

scholarly journals Does the Social Cost of Carbon Matter? Evidence from US Policy

2015 ◽  
Vol 44 (1) ◽  
pp. 229-248 ◽  
Author(s):  
Robert W. Hahn ◽  
Robert A. Ritz
Keyword(s):  
Social Cost ◽  
Social Cost Of Carbon ◽  
The Social ◽  
Carbon Matter

The social cost of carbon in a non-cooperative world

2021 ◽  
pp. 103490
Author(s):  
Christoph Hambel ◽  
Holger Kraft ◽  
Eduardo Schwartz
Keyword(s):  
Social Cost ◽  
Social Cost Of Carbon ◽  
The Social

scholarly journals Climate Impacts on Economic Growth as Drivers of Uncertainty in the Social Cost of Carbon

2013 ◽  
Author(s):  
Elisabeth J. Moyer ◽  
Mark D. Woolley ◽  
Michael Glotter ◽  
David A. Weisbach
Keyword(s):  
Economic Growth ◽  
Social Cost ◽  
Climate Impacts ◽  
Social Cost Of Carbon ◽  
The Social

scholarly journals The Social Cost of Carbon, Greenhouse Gas Policies, and Politicized Benefit/Cost Analysis

2018 ◽  
Vol 6 (1) ◽  
pp. 59-76
Author(s):  
Benjamin Zycher
Keyword(s):  
Cost Analysis ◽  
Social Cost ◽  
Climate Impacts ◽  
Cost Calculation ◽  
Substantial Part ◽  
Social Cost Of Carbon ◽  
Benefit Cost Analysis ◽  
Climate Policies ◽  
The Social ◽  
Benefit Cost

Benefit/cost analysis can be a powerful tool for examination of proposed (or alternative) public policies, but, unsurprisingly, decisionmakers’ policy preferences can drive the analysis, rather than the reverse. That is the reality with respect to the Obama Administration computation of the social cost of carbon, a crucial parameter underlying the quantitative analysis of its proposed climate policies, now being reversed in substantial part by the Trump Administration. The Obama analysis of the social cost of carbon suffered from four central problems: the use of global benefits in the benefit/cost calculation, the failure to apply a 7% discount rate as required by Office of Management and Budget guidelines, the conflation of climate and GDP effects of climate policies, and the inclusion of non-climate effects of climate policies as co-benefits, as a tool with which to overcome the trivial temperature and other climate impacts of those policies. Moreover, the Obama analysis included in its “market failure” analysis the fuel price parameter that market forces are likely to incorporate fully. This Article suggests that policymakers and other interested parties would be wise to concentrate on the analytic minutia underlying policy proposals because policy analysis cannot be separated from politics.

The social cost of carbon emissions: Seven propositions

2013 ◽  
Vol 121 (1) ◽  
pp. 90-97 ◽  
Author(s):  
Duncan K. Foley ◽  
Armon Rezai ◽  
Lance Taylor
Keyword(s):  
Carbon Emissions ◽  
Social Cost ◽  
Social Cost Of Carbon ◽  
The Social

scholarly journals Climate Impacts on Economic Growth as Drivers of Uncertainty in the Social Cost of Carbon

2014 ◽  
Vol 43 (2) ◽  
pp. 401-425 ◽  
Author(s):  
Elisabeth J. Moyer ◽  
Mark D. Woolley ◽  
Nathan J. Matteson ◽  
Michael J. Glotter ◽  
David A. Weisbach
Keyword(s):  
Economic Growth ◽  
Social Cost ◽  
Climate Impacts ◽  
Social Cost Of Carbon ◽  
The Social
Sign in / Sign up

Export Citation Format

Share Document