Comprehensive evidence implies a higher social cost of CO₂.

ABSTRACT: The social cost of carbon dioxide (SC-CO₂) measures the monetized value of the damages to society caused by an incremental metric tonne of CO₂ emissions and is a key metric informing climate policy. Used by governments and other decision-makers in benefit-cost analysis for over a decade, SC-CO₂ estimates draw on climate science, economics, demography and other disciplines. However, a 2017 report by the US National Academies of Sciences, Engineering, and Medicine¹ (NASEM) highlighted that current SC-CO₂ estimates no longer reflect the latest research. The report provided a series of recommendations for improving the scientific basis, transparency and uncertainty characterization of SC-CO₂ estimates. Here we show that improved

SUBMITTER: Rennert K 

PROVIDER: S-EPMC9605864 | biostudies-literature | 2022 Oct

REPOSITORIES: biostudies-literature