Social Cost of Carbon
RFF researchers are leading a team of distinguished economists and scientists to improve the science behind estimates of the social cost of carbon—the means by which the US federal government, state governments, and foreign governments account for climate change in their actions—through a process that ensures the highest levels of scientific quality and transparency and builds the scientific foundation for future estimates.
Explainer — Aug 1, 2019
Social Cost of Carbon 101
A review of the social cost of carbon, from a basic definition to the history of its use in policy analysis.
Journal Article — Mar 29, 2019
Monetizing the Value of Measurements of Equilibrium Climate Sensitivity Using the Social Cost of Carbon
This study shows how real options theory in combination with the social cost of carbon may help to calculate the value of information regarding equilibrium climate sensitivity and estimate the relative advantages of two different Earth Observing Systems.
Testimony and Public Comments — Oct 29, 2018
Comments to NHTSA and US EPA on Methodological Considerations for Updated Social Cost of Carbon Dioxide Estimates
Prepared for the National Highway Traffic Safety Administration (NHTSA) and Environmental Protection Agency (EPA)
Webinar — Jan 17, 2019
Using the Social Cost of Carbon to Value Earth Observing Systems
Presented at the RFF-CMCC European Institute
Workshop/Seminar — Nov 30, 2018
The Road Ahead
Rewatch our event on the next generation of energy and climate policies.
Workshop/Seminar — May 5, 2011
Adding a Risk Premium to the Social Cost of Carbon
Media Highlight — May 31, 2019
"The Number with the Power to Halt the Climate Crisis"
Media Highlight — Oct 23, 2017
Trump Administration Drops Social Cost of Carbon from $51 to $1
Press Release — Oct 10, 2017