The social cost of carbon: valuing inequality, risk, and population for climate policy

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dc.contributor.authorFleurbaey, Marc
dc.contributor.authorFerranna, Maddalena
dc.contributor.authorBudolfson, Mark
dc.contributor.authorDennig, Francis
dc.contributor.authorMintz-Woo, Kian
dc.contributor.authorSocolow, Robert
dc.contributor.authorSpears, Dean
dc.contributor.authorZuber, Stéphane
dc.date.accessioned2020-09-01T09:31:31Z
dc.date.available2020-09-01T09:31:31Z
dc.date.issued2018-12-20
dc.date.updated2020-08-26T15:54:42Z
dc.description.abstractWe 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 cost-benefit analysis for climate policy, is confined to a utilitarian axiology, the methodology of the social cost of carbon is rather flexible and can be expanded to a broader set of social-welfare approaches.en
dc.description.statusPeer revieweden
dc.description.versionPublished Versionen
dc.format.mimetypeapplication/pdfen
dc.identifier.citationFleurbaey, M., Ferranna, M., Budolfson, M., Dennig, F., Mintz-Woo, K., Socolow, R., Spears, D. and Zuber, S. (2018) 'The Social Cost of Carbon: Valuing Inequality, Risk, and Population for Climate Policy', The Monist, 102(1), pp. 84-109. doi: 10.1093/monist/ony023en
dc.identifier.doi10.1093/monist/ony023en
dc.identifier.endpage109en
dc.identifier.issn0026-9662
dc.identifier.issued1en
dc.identifier.journaltitleThe Monisten
dc.identifier.startpage84en
dc.identifier.urihttps://hdl.handle.net/10468/10424
dc.identifier.volume102en
dc.language.isoenen
dc.publisherOxford University Pressen
dc.relation.urihttps://academic.oup.com/monist/article/102/1/84/5255707
dc.rights© The Author(s) 2018. Published by Oxford University Press on behalf of the The Hegeler Institute. This is an Open Access article distributed under the terms of the Creative Commons Attribution Non-Commercial License (http://creativecommon-s.org/licenses/by-nc/4.0/), which permits non-commercial re-use, distribution, and reproduction in any medium, provided the original work is properly cited. For commercial re-use, please contact journals.permissions@oup.comen
dc.rights.urihttp://creativecommons.org/licenses/by-nc/4.0/en
dc.subjectSocial Cost of Carbon (SCC)en
dc.subjectCarbonen
dc.subjectClimate changeen
dc.subjectClimate policyen
dc.subjectSocial costen
dc.titleThe social cost of carbon: valuing inequality, risk, and population for climate policyen
dc.typeArticle (peer-reviewed)en
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