Towards a representative social cost of carbon

Jinchi Dong, Richard Tol and Fanzhi Wang Wang
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Jinchi Dong: School of the Environment, Nanjing University, China
Fanzhi Wang Wang: China Center for Energy and Environmental Policy Research; Beijing Institute of Technology, Beijing, 100081, China:

Working Paper Series from Department of Economics, University of Sussex Business School

Abstract: The majority of estimates of the social cost of carbon use preference parameters calibrated to data for North America and Europe. We here use representative data for attitudes totime and risk across the world. The social cost of carbon is substantially higher in the globalnorth than in the south.The difference ismore pronounced if we count people rather than countries.

Keywords: social; cost; of; carbon (search for similar items in EconPapers)
JEL-codes: Q54 (search for similar items in EconPapers)
Date: 2024-10
New Economics Papers: this item is included in nep-ene and nep-env
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Working Paper: Towards a representative social cost of carbon (2024)
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Persistent link: https://EconPapers.repec.org/RePEc:sus:susewp:0724

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