G2TT
来源类型Journal Article in Science
规范类型论文
Keep Climate Policy Focused on the Social Cost of Carbon
Joseph E. Aldy; Matthew J. Kotchen; Robert Stavins; James Stock
发表日期2021-08-20
出处Science
出版年2021
语种英语
摘要In the context of climate change, the application of cost-benefit analysis to inform mitigation policies can help to achieve the best outcomes and avoid the worst: spending trillions of dollars but failing to get the job done (1). The costs of a climate policy are the abatement costs of reducing emissions of carbon dioxide (CO2) (or other greenhouse gases). The standard measure of the benefits of a climate policy is the social cost of carbon (SCC), which measures the avoided economic damages associated with a metric ton of CO2 emissions. Recently, however, there have been calls for an alternative approach to policy evaluation that ignores the benefits of avoided climate damages and instead focuses only on minimizing the compliance costs of a given, politically determined climate objective (2, 3). We argue here that a shift from use of the SCC and cost-benefit analysis to an alternative approach for evaluating policy that focuses on costs alone would be misguided. Rather than advocate for alternative approaches, now is the time to support efforts to update the SCC and its application to official climate policy evaluation.
主题Social Cost of Carbon,Benefit-Cost Analysis
URLhttps://www.rff.org/publications/journal-articles/keep-climate-policy-focused-on-the-social-cost-of-carbon/
来源智库Resources for the Future (United States)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/588487
推荐引用方式
GB/T 7714
Joseph E. Aldy,Matthew J. Kotchen,Robert Stavins,et al. Keep Climate Policy Focused on the Social Cost of Carbon. 2021.
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