Estimating the Social Cost of Carbon for Use in U.S. Federal Rulemakings: A Summary and Interpretation
Elizabeth Kopits and
Ann Wolverton ()
Working Papers from Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research
The United States Government recently concluded a year-long process to develop a range of values representing the monetized damages associated with an incremental increase in carbon dioxide (CO2) emissions, commonly referred to as the social cost of carbon (SCC). These values are currently used in benefit-cost analyses to assess potential federal regulations. For 2010, the central value of the SCC is $21 per ton of CO2 emissions and sensitivity analyses are to be conducted at $5, $35, and $65 (2007$). This paper summarizes the methodology and process used to develop the SCC values, complemented with our own commentary about how the SCC can be used to inform regulatory decisions and areas where further research would be particularly useful.
New Economics Papers: this item is included in nep-ene and nep-env
References: Add references at CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to tisiphone.mit.edu:80 (No such host is known. )
Working Paper: Estimating the Social Cost of Carbon for Use in U.S. Federal Rulemakings: A Summary and Interpretation (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:mee:wpaper:1106
Access Statistics for this paper
More papers in Working Papers from Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research Contact information at EDIRC.
Bibliographic data for series maintained by Sharmila Ganguly ().