Country-level social cost of carbon

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The social cost of carbon (SCC) is a commonly employed metric of the expected economic damages from carbon dioxide (CO2) emissions. Although useful in an optimal policy context, a world-level approach obscures the heterogeneous geography of climate damage and vast differences in country-level contributions to the global SCC, as well as climate and socio-economic uncertainties, which are larger at the regional level. Here we estimate country-level contributions to the SCC using recent climate model projections, empirical climate-driven economic damage estimations and socio-economic projections.

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https://www.nature.com/articles/s41558-018-0282-y.epdf?author_access_token=XLBRLEGdT_Kv0n8_OnvpedRgN0jAjWel9jnR3ZoTv0Ms70oz073vBeHQkQJXsJbey6vjdAHHSPxkHEN8nflPeQI6U86-MxWO1T1uUiSvN2A-srp5G9s7YwGWt6-cuKn2e83mvZEpXG3r-J0nv0gYuA%3D%3D
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Publication Date: 
24/09/2018