Ackerman, Frank; Stanton, Elizabeth A. - In: Economics: The Open-Access, Open-Assessment E-Journal 6 (2012) 2012-10, pp. 1-25
The social cost of carbon - or marginal damage caused by an additional ton of carbon dioxide emissions - has been estimated by a U.S. government working group at $21/tCO2 in 2010. That calculation, however, omits many of the biggest risks associated with climate change, and downplays the impact...
