Assessment of a Near-term Update to the Social Cost of Carbon. Committee on Assessing Approaches to Updating the Social Cost of Carbon, Board on Environmental Change, Society, Division of Behavioral, Sciences, S., Education, National Academies of Sciences, Engineering,, & Medicine National Academies Press, Washington, D.C., 2016. ![Assessment of a Near-term Update to the Social Cost of Carbon [link]](https://bibbase.org/img/filetypes/link.svg "link")
Paper doi abstract bibtex The social cost of carbon (SCC) for a given year is an estimate, in dollars, of the present discounted value of the damage caused by a 1-metric ton increase in CO2 emissions into the atmosphere in that year; or equivalently, the benefits of reducing CO2 emissions by the same amount in that given year. The SCC is intended to provide a comprehensive measure of the monetized value of the net damages from global climate change from an additional unit of CO2, including, but not limited to, changes in net agricultural productivity, energy use, human health effects, and property damages from increased flood risk. Federal agencies use the SCC to value the CO2 emissions impacts of various policies including emission and fuel economy standards for vehicles, regulations of industrial air pollutants from industrial manufacturing, emission standards for power plants and solid waste incineration, and appliance energy efficiency standards. There are significant challenges to estimating a dollar value that reflects all the physical, human, ecological, and economic impacts of climate change. Recognizing that the models and scientific data underlying the SCC estimates evolve and improve over time, the federal government made a commitment to provide regular updates to the estimates. To assist with future revisions of the SCC, the Interagency Working Group on the Social Cost of Carbon (IWG) requested the National Academies of Sciences, Engineering, and Medicine complete a study that assessed the merits and challenges of a limited near-term update to the SCC and of a comprehensive update of the SCC to ensure that the estimates reflect the best available science. This interim report focuses on near-term updates to the SCC estimates.
@book{committee_on_assessing_approaches_to_updating_the_social_cost_of_carbon_assessment_2016,
address = {Washington, D.C.},
title = {Assessment of a {Near}-term {Update} to the {Social} {Cost} of {Carbon}},
isbn = {978-0-309-39145-0},
url = {http://www.nap.edu/catalog/21898},
abstract = {The social cost of carbon (SCC) for a given year is an estimate, in dollars, of the present discounted value of the damage caused by a 1-metric ton increase in CO2 emissions into the atmosphere in that year; or equivalently, the benefits of reducing CO2 emissions by the same amount in that given year. The SCC is intended to provide a comprehensive measure of the monetized value of the net damages from global climate change from an additional unit of CO2, including, but not limited to, changes in net agricultural productivity, energy use, human health effects, and property damages from increased flood risk. Federal agencies use the SCC to value the CO2 emissions impacts of various policies including emission and fuel economy standards for vehicles, regulations of industrial air pollutants from industrial manufacturing, emission standards for power plants and solid waste incineration, and appliance energy efficiency standards.
There are significant challenges to estimating a dollar value that reflects all the physical, human, ecological, and economic impacts of climate change. Recognizing that the models and scientific data underlying the SCC estimates evolve and improve over time, the federal government made a commitment to provide regular updates to the estimates. To assist with future revisions of the SCC, the Interagency Working Group on the Social Cost of Carbon (IWG) requested the National Academies of Sciences, Engineering, and Medicine complete a study that assessed the merits and challenges of a limited near-term update to the SCC and of a comprehensive update of the SCC to ensure that the estimates reflect the best available science. This interim report focuses on near-term updates to the SCC estimates.},
urldate = {2017-05-22},
publisher = {National Academies Press},
author = {{Committee on Assessing Approaches to Updating the Social Cost of Carbon} and {Board on Environmental Change and Society} and {Division of Behavioral and Social Sciences and Education} and {National Academies of Sciences, Engineering, and Medicine}},
year = {2016},
doi = {10.17226/21898},
keywords = {DR, Damages, Geography: Global, Method: Litearture Review, Method: Theoretical, Other SCC, Sector: SCC Review or Discussion, Tags Edited},
}
Downloads: 0
{"_id":"ezjwDhL9pnxT8Ru5x","bibbaseid":"committeeonassessingapproachestoupdatingthesocialcostofcarbon-boardonenvironmentalchange-society-divisionofbehavioral-sciences-education-nationalacademiesofsciences-medicine-assessmentofaneartermupdatetothesocialcostofcarbon-2016","author_short":["Committee on Assessing Approaches to Updating the Social Cost of Carbon","Board on Environmental Change","Society","Division of Behavioral","Sciences, S.","Education","National Academies of Sciences, Engineering,","Medicine"],"bibdata":{"bibtype":"book","type":"book","address":"Washington, D.C.","title":"Assessment of a Near-term Update to the Social Cost of Carbon","isbn":"978-0-309-39145-0","url":"http://www.nap.edu/catalog/21898","abstract":"The social cost of carbon (SCC) for a given year is an estimate, in dollars, of the present discounted value of the damage caused by a 1-metric ton increase in CO2 emissions into the atmosphere in that year; or equivalently, the benefits of reducing CO2 emissions by the same amount in that given year. The SCC is intended to provide a comprehensive measure of the monetized value of the net damages from global climate change from an additional unit of CO2, including, but not limited to, changes in net agricultural productivity, energy use, human health effects, and property damages from increased flood risk. Federal agencies use the SCC to value the CO2 emissions impacts of various policies including emission and fuel economy standards for vehicles, regulations of industrial air pollutants from industrial manufacturing, emission standards for power plants and solid waste incineration, and appliance energy efficiency standards. There are significant challenges to estimating a dollar value that reflects all the physical, human, ecological, and economic impacts of climate change. Recognizing that the models and scientific data underlying the SCC estimates evolve and improve over time, the federal government made a commitment to provide regular updates to the estimates. To assist with future revisions of the SCC, the Interagency Working Group on the Social Cost of Carbon (IWG) requested the National Academies of Sciences, Engineering, and Medicine complete a study that assessed the merits and challenges of a limited near-term update to the SCC and of a comprehensive update of the SCC to ensure that the estimates reflect the best available science. This interim report focuses on near-term updates to the SCC estimates.","urldate":"2017-05-22","publisher":"National Academies Press","author":[{"firstnames":[],"propositions":[],"lastnames":["Committee on Assessing Approaches to Updating the Social Cost of Carbon"],"suffixes":[]},{"firstnames":[],"propositions":[],"lastnames":["Board on Environmental Change"],"suffixes":[]},{"firstnames":[],"propositions":[],"lastnames":["Society"],"suffixes":[]},{"firstnames":[],"propositions":[],"lastnames":["Division of Behavioral"],"suffixes":[]},{"firstnames":["Social"],"propositions":[],"lastnames":["Sciences"],"suffixes":[]},{"firstnames":[],"propositions":[],"lastnames":["Education"],"suffixes":[]},{"firstnames":[],"propositions":[],"lastnames":["National Academies of Sciences, Engineering,"],"suffixes":[]},{"firstnames":[],"propositions":[],"lastnames":["Medicine"],"suffixes":[]}],"year":"2016","doi":"10.17226/21898","keywords":"DR, Damages, Geography: Global, Method: Litearture Review, Method: Theoretical, Other SCC, Sector: SCC Review or Discussion, Tags Edited","bibtex":"@book{committee_on_assessing_approaches_to_updating_the_social_cost_of_carbon_assessment_2016,\n\taddress = {Washington, D.C.},\n\ttitle = {Assessment of a {Near}-term {Update} to the {Social} {Cost} of {Carbon}},\n\tisbn = {978-0-309-39145-0},\n\turl = {http://www.nap.edu/catalog/21898},\n\tabstract = {The social cost of carbon (SCC) for a given year is an estimate, in dollars, of the present discounted value of the damage caused by a 1-metric ton increase in CO2 emissions into the atmosphere in that year; or equivalently, the benefits of reducing CO2 emissions by the same amount in that given year. The SCC is intended to provide a comprehensive measure of the monetized value of the net damages from global climate change from an additional unit of CO2, including, but not limited to, changes in net agricultural productivity, energy use, human health effects, and property damages from increased flood risk. Federal agencies use the SCC to value the CO2 emissions impacts of various policies including emission and fuel economy standards for vehicles, regulations of industrial air pollutants from industrial manufacturing, emission standards for power plants and solid waste incineration, and appliance energy efficiency standards.\n\nThere are significant challenges to estimating a dollar value that reflects all the physical, human, ecological, and economic impacts of climate change. Recognizing that the models and scientific data underlying the SCC estimates evolve and improve over time, the federal government made a commitment to provide regular updates to the estimates. To assist with future revisions of the SCC, the Interagency Working Group on the Social Cost of Carbon (IWG) requested the National Academies of Sciences, Engineering, and Medicine complete a study that assessed the merits and challenges of a limited near-term update to the SCC and of a comprehensive update of the SCC to ensure that the estimates reflect the best available science. This interim report focuses on near-term updates to the SCC estimates.},\n\turldate = {2017-05-22},\n\tpublisher = {National Academies Press},\n\tauthor = {{Committee on Assessing Approaches to Updating the Social Cost of Carbon} and {Board on Environmental Change and Society} and {Division of Behavioral and Social Sciences and Education} and {National Academies of Sciences, Engineering, and Medicine}},\n\tyear = {2016},\n\tdoi = {10.17226/21898},\n\tkeywords = {DR, Damages, Geography: Global, Method: Litearture Review, Method: Theoretical, Other SCC, Sector: SCC Review or Discussion, Tags Edited},\n}\n\n","author_short":["Committee on Assessing Approaches to Updating the Social Cost of Carbon","Board on Environmental Change","Society","Division of Behavioral","Sciences, S.","Education","National Academies of Sciences, Engineering,","Medicine"],"key":"committee_on_assessing_approaches_to_updating_the_social_cost_of_carbon_assessment_2016","id":"committee_on_assessing_approaches_to_updating_the_social_cost_of_carbon_assessment_2016","bibbaseid":"committeeonassessingapproachestoupdatingthesocialcostofcarbon-boardonenvironmentalchange-society-divisionofbehavioral-sciences-education-nationalacademiesofsciences-medicine-assessmentofaneartermupdatetothesocialcostofcarbon-2016","role":"author","urls":{"Paper":"http://www.nap.edu/catalog/21898"},"keyword":["DR","Damages","Geography: Global","Method: Litearture Review","Method: Theoretical","Other SCC","Sector: SCC Review or Discussion","Tags Edited"],"metadata":{"authorlinks":{}}},"bibtype":"book","biburl":"http://bibbase.org/zotero-group/ajello/2099979","dataSources":["EndJaSpcpPJCQnJDH"],"keywords":["dr","damages","geography: global","method: litearture review","method: theoretical","other scc","sector: scc review or discussion","tags edited"],"search_terms":["assessment","near","term","update","social","cost","carbon","committee on assessing approaches to updating the social cost of carbon","board on environmental change","society","division of behavioral","sciences","education","national academies of sciences","medicine"],"title":"Assessment of a Near-term Update to the Social Cost of Carbon","year":2016}