The social cost of nitrous oxide does not account for stratospheric ozone depletion. Doing so could increase its value by 20%. Links between nitrous oxide and other nitrogen pollution impacts could make mitigation even more compelling.
Full text: “Improving the social cost of nitrous oxide” (PDF)
Citation:
Kanter, David R., Claudia Wagner-Riddle, Peter M. Groffman, Eric A. Davidson, James N. Galloway, Jesse D. Gourevitch, Hans J. M. van Grinsven, Benjamin Z. Houlton, Bonnie L. Keeler, Stephen M. Ogle, Holly Pearen, Kevin J. Rennert, Mustafa Saifuddin, Daniel J. Sobota & Gernot Wagner. “Improving the social cost of nitrous oxide.” Nature Climate Change (17 November 2021). doi:10.1038/s41558-021-01226-z
Related: “Eight priorities for calculating the social cost of carbon,” Nature (25 February 2021); “A tale of two carbon prices,” Bloomberg Green Risky Climate column (19 February 2021); “Recalculate the social cost of carbon,” Nature Climate Change (29 March 2021).