Social cost of carbon

This commentary explores how net climate change mitigation benefits can be achieved from using carbon credits, despite the variable and uncertain quality of credits. Read more

This paper investigates just how important intrageneration inequality is for the social cost of carbon, compared to intergenerational inequality and macroeconomic uncertainty. Read more

This review seeks to provide a common basis for natural scientists, social scientists, and modellers to understand the research challenges involved in evaluating the economic risks of climate change. Read more

The authors of this paper present an alternative approach to determining the Social Cost of Carbon (SCC) that takes as given the objectives of the Paris Agreement and the Biden administration’s commitment to the US reaching net-zero emissions by 2050. Read more

In a joint statement about the announcement today (19 February 2021) by the White House’s Council on Environmental Quality that it has... Read more

Advice to the Biden administration as it seeks to account for mounting losses from storms, wildfires and other climate impacts.... Read more

Two of the world’s leading economists have today (February 15th) warned that an under-estimation of the value of the social... Read more

An Anglo-American group of top climate economics and policy experts have urged the world’s second largest emitter of greenhouse gases,... Read more

This report investigates whether the evidence supports the reasons given by the Trump Administration to justify its decision to withdraw the United States from the 2015 Paris Agreement on climate change, and concludes that the decision is irrational and does not promote the best interests of the American people. Read more

A new paper published in Nature Climate Change shows that despite appearances to the contrary, the Nobel Prize-winning DICE ‘climate and economy’ model and the UN’s climate targets are in fact pulling in the same direction. Read more