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.

Journal Article by Roger Cooke, Alexander Golub, Bruce Wielicki, Martin Mlynczak, David Young, and Rosemary Rallo Baize — March 29, 2019


Roger M. Cooke

Chauncey Starr Senior Fellow

Alexander Golub

Bruce Wielicki

Martin Mlynczak

David Young

Rosemary Rallo Baize