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Social Cost of Carbon
While the exact costs of future climate change are uncertain, society must balance costs to our economy today with our best understanding of coming climate damages
Social Cost of Carbon Research
Presentation by Michael Greenstone and the Climate Impact Lab at the National Academies Fifth Meeting of the Committee on Assessing Approaches to Updating the Social Cost of Carbon. May 5, 2017.
M. Burke, M. Craxton, C. D. Kolstad, C. Onda, H. Allcott, E. Baker, L. Barrage, R. Carson, K. Gillingham, J. Graff-Zivin, M. Greenstone, S. Hallegatte, W. M. Hanemann, G. Heal, S. Hsiang, B. Jones, D. L. Kelly, R. Kopp, M. Kotchen, R. Mendelsohn, K. Meng, G. Metcalf, J. Moreno-Cruz, R. Pindyck, S. Rose, I. Rudik, J. Stock, R. S. J. Tol, “Opportunities for Advances in Climate Change Economics,” Science, 2016, 352(6283): 292-3.
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William Pizer, Matthew Adler, Joseph Aldy, David Anthoff, Maureen Cropper, Kenneth Gillingham, Michael Greenstone, Brian Murray, Richard Newell, Richard Richels, Arden Rowell, Stephanie Waldhoff, Jonathan Wiener, “Using and improving the social cost of carbon,” Science,
Empirically Calibrating Damage Functions and Considering Stochasticity When Integrated Assessment Models Are Used as Decision Tools
Kopp, R.E., Hsiang, S.M. and M. Oppenheimer (2013). Empirically calibrating damage functions and considering stochasticity when integrated assessment models are used as decision tools. In: Impacts World 2013 Conference Proceedings. Potsdam: Potsdam Institute for Climate Impact Research, pp. 834–843.