Estimating the social cost of carbon for use in U.S. federal rulemakings
Subtitle: a summary and interpretation
By: Michael Greenstone, Elizabeth Kopits, Ann Wolverton
Contributors: Kopits, Elizabeth; Wolverton, Ann; National Bureau of Economic Research
Series: NBER working paper series -- working paper 16913; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 16913.
Publisher: National Bureau of Economic Research
Published: 2011
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Description: "The United States Government recently concluded a year-long process to develop a range of values representing the monetized damages associated with an incremental increase in carbon dioxide (CO2) emissions, commonly referred to as the social cost of carbon (SCC).  These values are currently used in benefit-cost analyses to assess potential federal regulations.  For 2010, the central value of the SCC is $21 per ton of CO2 emissions and sensitivity analyses are to be conducted at $5, $35, and $65 (2007$).  This paper summarizes the methodology and process used to develop the SCC values, complemented with our own commentary about how the SCC can be used to inform regulatory decisions and areas where further research would be particularly useful"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 6/9/2011.

Includes bibliographical references.

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