Kousky, Carolyn; Kopp, Robert E.; Cooke, Roger M. - 2011
risk of catastrophic impacts. However, estimates of the social cost of carbon, which measures the marginal value of carbon … estimates obtained for calculating a risk premium to be included in the social cost of carbon. While more research is needed in … this area, work to date suggests a positive, and potentially substantial, risk premium on the social cost of carbon is …