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.
- Resources Magazine
Report — Oct 30, 2020
Estimating the Value of Carbon: Two Approaches
A memo prepared in conjunction with the New York State Energy Research and Development Authority (NYSERDA) to inform guidance on the Value of Carbon Guidance for the New York Department of Environmental Conservation
Media Highlight — Dec 31, 2020
DEC Announces 'Value of Carbon' Guidance to Measure Impacts of Greenhouse Gas Emissions
Multiple stories from New York state news channels cite RFF's involvement with the creation of new state-wide emissions guidance.
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.
Explainer — Apr 21, 2021
Federal Climate Policy 108: The Oil and Gas Industry
An overview of policies that the federal government could implement to reduce emissions from the US oil and gas sector.
Explainer — Mar 9, 2021
Federal Climate Policy 102: Economy-Wide Policies
An overview of economy-wide federal climate policy options, from carbon taxes and cap and trade to a portfolio of regulations that systematically tackles each sector of the economy.
Explainer — Mar 3, 2021
Federal Climate Policy 101: Reducing Emissions
An overview of climate policy tools available for federal emissions reduction efforts and the key criteria for evaluating climate policy.
Environmental Justice Series — May 12, 2021
Environmental Justice: Energy Equity and Transitions
A deeper look into the issues of energy justice, energy poverty, green jobs, and energy transition communities
RFF Live — Feb 10, 2021
The Social Cost of Carbon: Key Scientific and Policy Considerations for the Biden Administration
A conversation that will highlight the latest SCC-related research and give perspective on using the SCC to inform policy for the Biden administration
RFF Live — Oct 20, 2020
The Future of Carbon Pricing: 2020 and Beyond
An in-depth panel discussion about the forecast for carbon pricing in 2020, what has changed in the past year, and how election outcomes could influence the future
Media Highlight — Mar 16, 2021
Much-Debated Climate Metric Gets Immediate Use Under Biden
A piece in Bloomberg Law draws on insights from RFF President Richard Newell regarding the future of the social cost of carbon metric.
Media Highlight — Mar 2, 2021
The Biden Administration Increases the Social Cost of Carbon
A feature story in Undark, later published in Quartz and WIRED, includes RFF scholar Kevin Rennert's insights about the new interim value for the social cost of carbon.
Media Highlight — Mar 1, 2021
Biden Raises Key Metric for Greenhouse Gases
E&E News' lead story on March 1 featured insight from RFF President Richard Newell and Senior Fellow Alan Krupnick about the social cost of carbon.
Resources Radio — Mar 2, 2021
Updates to the Social Cost of Carbon, with Kevin Rennert
Kevin Rennert discusses the Biden administration’s interim estimate for the social cost of carbon and what will happen next with this crucial number.
On the Issues — Jan 29, 2021
Biden’s Regulatory Agenda in the First Week
A weekly newsletter connecting global current events, pressing climate and energy policy news, and economics research from RFF scholars.
Common Resources — Jan 28, 2021
Striking Down the Affordable Clean Energy Rule Helps—But Does Not Guarantee—Ambitious Climate Policy
A circuit court striking down the Trump administration’s Affordable Clean Energy rule opens avenues for the Biden administration to pursue climate policy, but forthcoming efforts will need to contend with a skeptical Supreme Court.