G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Inequality and the Social Cost of Carbon
David Anthoff; Johannes Emmerling
发表日期2016
出处Mitigation, Innovation and Transformation Pathways
出版年2016
语种英语
摘要This paper presents a novel way to disentangle inequality aversion over time from inequality aversion between regions in the computation of the Social Cost of Carbon. Our approach nests a standard efficiency based Social Cost of Carbon estimate and an equity weighted Social Cost of Carbon estimate as special cases. We also present a methodology to incorporate more fine grained regional resolutions of income and damage distributions than typically found in integrated assessment models. Finally, we present quantitative estimates of the Social Cost of Carbon that use our disentangling of different types of inequality aversion. We use two integrated assessment models (FUND and RICE) for our numerical exercise to get more robust findings. Our results suggest that inequality considerations lead to a higher (lower) SCC values in high (low) income regions relative to an efficiency based approach, but that the effect is less strong than found in previous studies that use equity weighting. Our central estimate is that the Social Cost of Carbon increases roughly by a factor of 2.5 from a US perspective when our disentangled equity weighting approach is used. *** Suggested citation: Anthoff, D., J. Emmerling, (2016), 'Inequality and the Social Cost of Carbon', Nota di Lavoro 54.2016, Milan, Italy: Fondazione Eni Enrico Mattei
特色分类D63;H43;Q54
关键词Social Cost of Carbon Inequality Climate Change Discounting Equity Weighting Integrated Assessment Model
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/inequality-and-the-social-cost-of-carbon/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/118506
推荐引用方式
GB/T 7714
David Anthoff,Johannes Emmerling. Inequality and the Social Cost of Carbon. 2016.
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