Foreign Service Institute
U.S. State Department
Technically, the Social Cost of Carbon Dioxide (SC-CO₂), and the social cost of other greenhouse gases such as methane (SC-CH₄, or SCM) or nitrous oxide (SC-N₂O, or SCN).
U.S. State Department
Energy Economics & Finance Seminar
We’ve learned quite a bit since the last IPCC report, and the news isn’t exactly good
One-off events like Deepwater Horizon leave a lasting impression, but the normal burning of fossil fuels has an even worse impact.
Philadelphia, PA
Annual Meeting
by David R. Kanter et al.
By Anna Nowogrodzki
No policy should be excluded based on purist economic or environmentalist principles
After more than three decades of trying, Austria moves to tax carbon.
by A. Patrick Behrer, R. Jisung Park, Gernot Wagner, Colleen M. Golja, and David W. Keith
Cover Story | 封面
Rome, Italy
Gespräch mit Lukas Wieselberg, science.ORF.at
New research shows significant economic costs of climate risks.
With its fixation on equilibrium thinking and an exclusive focus on market factors that can be precisely measured, the neoclassical orthodoxy in economics is fundamentally unequipped to deal with today's biggest problems. Change within the discipline is underway, but it cannot come fast enough.
The green transition comes with costs; but they are well worth it, and they pale in comparison to the costs of inaction. The ever-falling costs of renewables have not eliminated the politics of climate change. But they certainly have made our choices much easier.
The science is ripe to update estimates of CO2 emissions costs. Calls to scrap the calculation are misguided.
Federal Reserve Bank of San Francisco