The social cost of CO2 in a low-growth world

Chris Hope () and Mat Hope
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Chris Hope: Judge Business School, Cambridge University
Mat Hope: School of Sociology, Politics, and International Studies, University of Bristol

Nature Climate Change, 2013, vol. 3, issue 8, 722-724

Abstract: Climate change mitigation has slowed down as major emitters face economic stagnation. Research now shows that the average cost to society of an additional tonne of carbon dioxide emissions tends to increase during recessions as the impact occurs in a poorer world. This suggests that climate change mitigation should be a priority in a low-growth situation.

Date: 2013
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DOI: 10.1038/nclimate1935

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