Carleton, Tamma and Greenstone, Michael, Updating the United States Government’s Social Cost of Carbon (January 14, 2021). University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2021-04, Available at SSRN: https://ssrn.com/abstract=3764255
In the NewsInside Climate NewsFebruary 19, 2021
How Much Does Climate Change Cost? Biden Expected to Raise Carbon’s Dollar Value
The administration is expected to temporarily increase the “social cost” of carbon, at least to the level set by Obama, but climate-concerned economists say that's not high enough.
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This paper outlines a two-step process to return the United States government’s Social Cost of Carbon (SCC) to the frontier of economics and climate science.Read