This just out today @pnas.org: our read of the evidence suggests a ~$280/tCO₂ social cost, over $2.5 per gallon at the pump.
(That's up from the Biden administration's ~$200/tCO₂.)
https://gwagner.com/scc-synthesis
(That's up from the Biden administration's ~$200/tCO₂.)
https://gwagner.com/scc-synthesis
Reposted from
ClimateFran
Excited to announce a new @pnas.org publication on the Social Cost of Carbon. We integrate evidence from the literature and expert survey to provide an SCC distribution inclusive of both parametric and structural uncertainties. Our mean 2020 value is $283 per ton CO2
www.pnas.org/doi/10.1073/...
www.pnas.org/doi/10.1073/...
Comments
Or is it different here, where we already pay a carbon tax?
https://gwagner.com/taming-carbon
https://www.pnas.org/doi/10.1073/pnas.2410733121