The Social Cost of Carbon: Valuing Inequality, Risk, and Population for Climate Policy

@article{Fleurbaey2019TheSC,
  title={The Social Cost of Carbon: Valuing Inequality, Risk, and Population for Climate Policy},
  author={M. Fleurbaey and Maddalena Ferranna and Mark Budolfson and Francis Dennig and Kian Mintz-Woo and R. Socolow and Dean Spears and St{\'e}phane Zuber},
  journal={The Monist},
  year={2019},
  volume={102},
  pages={84-109}
}
We analyze the role of ethical values in the determination of the social cost of carbon, arguing that the familiar debate about discounting is too narrow. Other ethical issues are equally important to computing the social cost of carbon, and we highlight inequality, risk, and population ethics. Although the usual approach, in the economics of costbenefit analysis for climate policy, is confined to a utilitarian axiology, the methodology of the social cost of carbon is rather flexible and can be… Expand
9 Citations
Considering environmental costs of greenhouse gas emissions for setting a CO2 tax: A review.
  • T. M. Bachmann
  • Economics, Medicine
  • The Science of the total environment
  • 2020
  • 6
What Do Climate Change Winners Owe, and to Whom?
  • 2020
  • PDF
The global inequalities and climate change
Principled Utility Discounting Under Risk
  • 1
  • PDF
POTs: The revolution will not be optimized?
  • 7

References

SHOWING 1-10 OF 116 REFERENCES
The Social Cost of Carbon and its Policy Implications
  • 386
  • PDF
On Welfare Frameworks and Catastrophic Climate Risks
  • 103
  • PDF
The comparative importance for optimal climate policy of discounting, inequalities and catastrophes
  • 13
  • PDF
Climate Ethics: Justifying a Positive Social Time Preference
  • 7
Equitable cost-benefit analysis of climate change policies
  • 138
  • PDF
Revisiting the social cost of carbon
  • W. Nordhaus
  • Geography, Medicine
  • Proceedings of the National Academy of Sciences
  • 2017
  • 328
  • PDF
On the welfare economics of climate change
  • 2
Inequality, climate impacts on the future poor, and carbon prices
  • 108
  • PDF
...
1
2
3
4
5
...