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Social cost of carbon

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This RePEc Biblio topic is edited by Richard S.j. Tol (pto90). It was first published on 2021-01-28 09:55:50 and last updated on 2021-01-28 10:00:25.

Introduction by the editor

The social cost of carbon is the marginal damage done by emitting an additional tonne of carbon dioxide. When evaluated along the optimal emissions trajectory, it equals the Pigou tax.

Most relevant link for this topic

https://en.wikipedia.org/wiki/Social_cost_of_carbon

Most relevant JEL codes

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Most relevant research

  1. Nordhaus, William, 1982, "How Fast Should We Graze the Global Commons?," American Economic Review, American Economic Association, volume 72, issue 2, pages 242-246, May.
  2. Nordhaus, William D., 1993, "Rolling the 'DICE': an optimal transition path for controlling greenhouse gases," Resource and Energy Economics, Elsevier, volume 15, issue 1, pages 27-50, March.
  3. Tol, Richard S. J., 2005, "The marginal damage costs of carbon dioxide emissions: an assessment of the uncertainties," Energy Policy, Elsevier, volume 33, issue 16, pages 2064-2074, November.
  4. Nicholas Stern, 2008, "The Economics of Climate Change," American Economic Review, American Economic Association, volume 98, issue 2, pages 1-37, May, DOI: 10.1257/aer.98.2.1.
  5. Michael Greenstone & Elizabeth Kopits & Ann Wolverton, 2013, "Developing a Social Cost of Carbon for US Regulatory Analysis: A Methodology and Interpretation," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, volume 7, issue 1, pages 23-46, January.
  6. Martin L. Weitzman, 2013, "Tail-Hedge Discounting and the Social Cost of Carbon," Journal of Economic Literature, American Economic Association, volume 51, issue 3, pages 873-882, September.
  7. David Anthoff & Richard Tol, 2013, "The uncertainty about the social cost of carbon: A decomposition analysis using fund," Climatic Change, Springer, volume 117, issue 3, pages 515-530, April, DOI: 10.1007/s10584-013-0706-7.
  8. Mikhail Golosov & John Hassler & Per Krusell & Aleh Tsyvinski, 2014, "Optimal Taxes on Fossil Fuel in General Equilibrium," Econometrica, Econometric Society, volume 82, issue 1, pages 41-88, January, DOI: 10.3982/ECTA10217.
  9. Richard S J Tol, 2018, "The Economic Impacts of Climate Change," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, volume 12, issue 1, pages 4-25.
  10. Yongyang Cai & Thomas S. Lontzek, 2019, "The Social Cost of Carbon with Economic and Climate Risks," Journal of Political Economy, University of Chicago Press, volume 127, issue 6, pages 2684-2734, DOI: 10.1086/701890.
  11. David Anthoff & Johannes Emmerling, 2019, "Inequality and the Social Cost of Carbon," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, volume 6, issue 2, pages 243-273, DOI: 10.1086/701900.
  12. Pindyck, Robert S., 2019, "The social cost of carbon revisited," Journal of Environmental Economics and Management, Elsevier, volume 94, issue C, pages 140-160, DOI: 10.1016/j.jeem.2019.02.003.