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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w17540 |
来源ID | Working Paper 17540 |
Estimates of the Social Cost of Carbon: Background and Results from the RICE-2011 Model | |
William D. Nordhaus | |
发表日期 | 2011-10-27 |
出版年 | 2011 |
语种 | 英语 |
摘要 | A new and important concept in global warming economics and policy is the social cost of carbon or SCC. This concept represents the economic cost caused by an additional ton of carbon-dioxide emissions or its equivalent. The present study describes the development of the concept as well as its analytical background. We estimate the SCC using an updated version of the RICE-2011 model. Additional concerns are uncertainty about different aspects of global warming as well as the treatment of different countries or generations. The most important results are: First, the estimated social cost of carbon for the current time (2015) including uncertainty, equity weighting, and risk aversion is $44 per ton of carbon (or $12 per ton CO2) in 2005 US$ and international prices). Second, including uncertainty increases the expected value of the SCC by approximately 8 percent. Third, equity weighting generally tends to reduce the SCC. Finally, the major open issue concerning the SCC continues to be the appropriate discount rate. |
主题 | Public Economics ; Taxation ; Environmental and Resource Economics ; Environment |
URL | https://www.nber.org/papers/w17540 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/575214 |
推荐引用方式 GB/T 7714 | William D. Nordhaus. Estimates of the Social Cost of Carbon: Background and Results from the RICE-2011 Model. 2011. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w17540.pdf(366KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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