Social Cost of Carbon: Trends, Outliers and Catastrophes, The

Social Cost of Carbon: Trends, Outliers and Catastrophes, The. Tol, R. S. J. Economics: The Open-Access, Open-Assessment E-Journal, 2(2008-25):1, 2008.

Paper doi abstract bibtex

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.

@article{tol_social_2008,
	title = {Social {Cost} of {Carbon}: {Trends}, {Outliers} and {Catastrophes}, {The}},
	volume = {2},
	issn = {1864-6042},
	shorttitle = {The {Social} {Cost} of {Carbon}},
	url = {http://www.economics-ejournal.org/economics/journalarticles/2008-25},
	doi = {10.5018/economics-ejournal.ja.2008-25},
	abstract = {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 = {en},
	number = {2008-25},
	urldate = {2017-09-19},
	journal = {Economics: The Open-Access, Open-Assessment E-Journal},
	author = {Tol, Richard S. J.},
	year = {2008},
	keywords = {CK, Untagged},
	pages = {1},
}

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