Climate change, social cost of carbon

Selection Bias in the Social Cost of Carbon

By Institute for Energy Research —— Bio and Archives--June 26, 2015

Global Warming-Energy-Environment | Comments | Back To Full Article

The so-called “social cost of carbon” ostensibly measures (in present dollars) the total value of all future climate change damages coming from the emission of another unit of carbon dioxide. The social cost of carbon (SCC) is thus extremely important in the climate change policy debate, as it is already being used in cost/benefit calculations of federal energy regulations.

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