All pages with keywords: Social cost of carbon

Revenue decoupling for electric utilities: impacts on prices and welfare

Revenue decoupling for electric utilities: impacts on prices and welfare

a working paper by Arlan Brucal, Nori Tarui 21 November, 2018

To provide analysis that could give guidance on the effects of revenue decoupling in the electricity sector, the authors of this paper developed a simple model that allows them to assess the welfare implications of revenue decoupling, which they investigated for each American state. read more »


Cumulative carbon emissions and economic policy: in search of general principles

Cumulative carbon emissions and economic policy: in search of general principles

a working paper by Simon Dietz, Frank Venmans 8 November, 2017

The authors of this paper have built a model of economically-efficient carbon dioxide emissions, which provides solutions for economically optimal peak warming of the planet, optimal emissions along the transition to peak warming, and optimal carbon prices, including under a temperature constraint consistent with the Paris Agreement. read more »


Economic co-benefits of reducing CO2 emissions outweigh the cost of mitigation for most big emitters

a commentary by Kirk Hamilton 3 November, 2017

A new report by the Grantham Research Institute on Climate Change helps to dispel some of the gloomy arithmetic of climate change by providing evidence on the scale and range of ancillary benefits that derive from reducing emissions of CO2 and other greenhouse gases. read more »


Discounting and the representative median agent

a working paper by Johannes Emmerling, Ben Groom, Tanja Wettingfeld 24 July, 2017

Social discount rates (SDRs) are used in cost–benefit analysis to determine the present value of future costs and benefits: for example, to determine how much today’s society should invest in … read more »


Estimating the economic impact of the permafrost carbon feedback

Estimating the economic impact of the permafrost carbon feedback

a research article by Louise Kessler 9 June, 2017

The permafrost carbon feedback (PCF) is not currently taken into account in economic assessments of climate change, yet it could have important implications for the social cost of carbon (SCC) … read more »


The climate beta

The climate beta

a working paper by Simon Dietz, Louise Kessler, Christian Gollier 28 June, 2016

This paper examines the question of whether fighting climate change has the additional advantage of reducing the aggregate risk borne by future generations. This raises the question of the ‘climate beta’, i.e. the elasticity of climate damages with respect to a change in aggregate consumption. read more »


Grantham seminar | Matthew Adler ‘Prioritarianism and climate change’

Grantham seminar | Matthew Adler ‘Prioritarianism and climate change’

Seminar Antony Millner 3 Jun 2016

Grantham seminar introduced and chaired by Antony Millner, Associate Professorial Research Fellow at the Grantham Research Institute Prof. Matthew Adler, Richard A. Horvitz Professor of Law and Professor of Economics, … read more »


Louise Kessler

Estimating the economic impact of the permafrost carbon feedback

a working paper by Louise Kessler 14 December, 2015

The permafrost carbon feedback is not currently taken into account in economic assessments of climate change, yet it could have important implications for the social cost of carbon and the … read more »