The social cost of carbon driven by green behaviors.

ABSTRACT: With the change of climate issues and the needs of economic development, the idea of practicing green and low-carbon behaviors sinks deeper and deeper into people's hearts. This paper based on the social cost of carbon (SCC) model, this paper constructs a new carbon social cost model by adding the impact of green low-carbon behavior. Classify climate states, based on Bayesian statistical knowledge, study the posterior probability distribution of climate state transitions, and discuss the optimal carbon policy for different climate states by balancing emission utility costs and utility weighted carbon marginal products. This article also discusses the damage caused by rising temperatures and explores their impact on carbon price policies. then, the paper calculates SCC under four kinds of c

SUBMITTER: Fu M 

PROVIDER: S-EPMC10313057 | biostudies-literature | 2023

REPOSITORIES: biostudies-literature