Global S&T Development Trend Analysis Platform of Resources and Environment
Keep Climate Policy Focused on the Social Cost of Carbon | |
Matthew J. Kotchen; Robert Stavins; James Stock; and Joseph E. Aldy | |
2021-08-20 | |
出版年 | 2021 |
国家 | 美国 |
领域 | 资源环境 |
英文摘要 | In the context of climate change, the application of cost-benefit analysis to inform mitigation policies can help to achieve the best outcomes and avoid the worst: spending trillions of dollars but failing to get the job done (1). The costs of a climate policy are the abatement costs of reducing emissions of carbon dioxide (CO2) (or other greenhouse gases). The standard measure of the benefits of a climate policy is the social cost of carbon (SCC), which measures the avoided economic damages associated with a metric ton of CO2 emissions. Recently, however, there have been calls for an alternative approach to policy evaluation that ignores the benefits of avoided climate damages and instead focuses only on minimizing the compliance costs of a given, politically determined climate objective (2, 3). We argue here that a shift from use of the SCC and cost-benefit analysis to an alternative approach for evaluating policy that focuses on costs alone would be misguided. Rather than advocate for alternative approaches, now is the time to support efforts to update the SCC and its application to official climate policy evaluation. |
URL | 查看原文 |
来源平台 | Resources for the Future |
文献类型 | 科技报告 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/336052 |
专题 | 资源环境科学 |
推荐引用方式 GB/T 7714 | Matthew J. Kotchen,Robert Stavins,James Stock,et al. Keep Climate Policy Focused on the Social Cost of Carbon,2021. |
条目包含的文件 | 条目无相关文件。 |
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