Arbeitspapier
The Social Cost of Carbon: Trends, Outliers and Catastrophes
211 estimates of the social cost of carbon are included in a meta-analysis. The results confirm that a lower discount rate implies a higher estimate; and that higher estimates are found in the gray literature. It is also found that there is a downward trend in the economic impact estimates of the climate; that the Stern Review?s estimates of the social cost of carbon is an outlier; and that the right tail of the distribution is fat. There is a fair chance that the annual climate liability exceeds the annual income of many people.
- Language
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Englisch
- Bibliographic citation
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Series: Economics Discussion Papers ; No. 2007-44
- Classification
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Wirtschaft
Climate; Natural Disasters and Their Management; Global Warming
- Subject
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Climate change
social cost of carbon
- Event
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Geistige Schöpfung
- (who)
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Tol, Richard S. J.
- Event
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Veröffentlichung
- (who)
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Kiel Institute for the World Economy (IfW)
- (where)
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Kiel
- (when)
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2007
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Tol, Richard S. J.
- Kiel Institute for the World Economy (IfW)
Time of origin
- 2007
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Equitable cost-benefit analysis of climate change
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Trends in air pollution in Ireland: A decompostion analysis
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