期刊
ECOLOGICAL ECONOMICS
卷 114, 期 -, 页码 33-46出版社
ELSEVIER
DOI: 10.1016/j.ecolecon.2015.03.015
关键词
Climate change; Discounting; Risk aversion; Social cost of carbon; Social welfare; Uncertainty
资金
- ICREA Funding Source: Custom
An expanding branch of research has estimated the potential costs of climate change, which are often expressed as the Social Cost of Carbon (SCC) or the costs of an additional ton of CO2 emissions. Estimates of the SCC can be used by policy makers to evaluate climate change policies and greenhouse gas emission reduction projects by means of cost-benefit analyses (CBAs). Such analyses are complicated by the wide range of SCC values that have been reported in the literature, and the large uncertainties involved in estimating the potential economic impacts and related Costs of climate change. This study presents a critical review of the reported SCC estimates by examining some neglected consequences of climate change, uncertain and extreme scenarios of climate change, the discounting of future climate change effects, the treatment of individual risk aversion, and assumptions about social welfare. In view of the many uncertainties and omissions in conventional cost-benefit analyses of climate impacts and the SCC, alternative approaches to decision-making should be considered for climate policy. (c) 2015 Elsevier B.V. All rights reserved.
作者
我是这篇论文的作者
点击您的名字以认领此论文并将其添加到您的个人资料中。
推荐
暂无数据