“A multi-agency effort to nail down the social cost of carbon emissions ignores wrenching climate impacts such as ocean acidification and makes efforts to curb emissions seem disproportionately expensive, economists say” (read the full article at Scientific American)
Then read Ackerman and Stanton’s paper for E3 Network critiquing the government’s interagency report on the social cost of carbon.
[...] not purely academic; these models dominate public policy decisions about climate change, including recent efforts by the Environmental Protection Agency and other agencies. Engaging the details of the anti-regulatory arguments and climate models [...]
Pingback by Building the Economic Case for Climate Action « Real Climate Economics — May 2, 2011 @ 12:20 pm
[...] Are We Underestimating the Costs of Climate Change? var addthis_config = {"data_track_clickback":true}; Share this page | [...]
Pingback by Carbon Cost Recalculation Reveals True Value of Emissions Reduction « Real Climate Economics — July 13, 2011 @ 10:20 am