E - Implications of Discounting Future Damages
2009 How discount rates affect different adaptation measures
The impact of discount rates
Background on RFF/EPA workshop on intergen. discounting
Central features of the card include the discount and low
If climate change impacts economic growth, justifies a lower discount rate
Monetizing GHG emissions shall be in accordance with OMB Circular A-4 of September 17, 2003
The key issue is discount rates
Social Cost of Carbon TOC
E - Cost Benefit Analysis
E - SCC Social Cost of Carbon
2015 Infographic - beef subsidies in Brazil
2015 Infographic - timber subsidies Indonesia
2015 Infographic palm oil subsidies in Indonesi
2015 Infographic soy subsidies in Brazil
Infographic - Disastrous Spending Federal disaster relief
Infographic - How Much Does Solar Power Cost?
Infographic - Natural Capital
Infographic - Putting the worlds money supply into perspective
Infographic - the costs of climate change
Infographic - The value of the Great Barrier Reef to Australia
Infographic - Why global carbon emissions fell in 2014
Infographic Disaster Risk Finance: Protecting Livelihoods and Developme
I:SCCIncorporationofUncertainty
S - Evaluating SCC Estimates
S - Federal SCC Determination
S - IAMs Integrated Assessment Models
S - Intergenerational Decisionmaking
S - Quantifying Economic Impacts
S - SCC and Risk Adversity
S - SCC Social Cost of Carbon
S - Sectoral Social Costs
N - SCC Social Cost of Carbon News
T - Social Cost of Carbon Individuals
Topical Websites, Blogs, FB Home Pages
V - SCC Social Cost of Carbon
E - Alternative Economics
E - Carbon Pricing Extracts
E - Climate and Economic Growth
E - Climate Opportunities
E - Economic Policymaking
E - Economic thinking as part of climate problem
E - Impact Specific Economics
E - Integrated Assessment Modeling
E - Low Carbon Transition Costs
E - Mitigation Potentials by Cost
E - Risks of SCC Reliance
E - UCC Ultimate Cost of Carbon
How could the SCC be deployed?
Interactive Graphic - Farming and the Green economy
2018/10 New York sues ExxonMobil for falsely claiming use of an internal price on carbon, which was portrayed as managing future regulatory risk
2022 New GIVE model estimates mean 3% SCC at $185
2001 Economics costs of climate change up to 6^o C
2006 Forecasting the cost of future climate change mitigation
2006 The optimal amount of climate change mitigation in a given time period
2007 Estimated geographical impacts of 2.5 and 6 degrees C of warming
2008 Nuclear is the cheapest option if we price carbon
2009 Conventional vs. expansive estimate of climate change impact on GDP
2010 Annualized U.S. loss trend - water impacts
2010 Confidence Interval Temperature Changes For Alternative Models
2010 Discounted U.S. damages (direct water supply)
2010 Economics of climate change in Chicago by 2070-2099
2010 Final analysis - SCC values at alternative discounts, and 95% percentile
2010 GDP Impacts of up to 4 C Change for Multiple Models
2010 GDP Impacts of up to 10 C Change For Multiple Models
2010 National employment impacts
2010 Second order uncertainty is the uncertainty in the uncertainty
2010 Welfare probabilities shown against $50 and $500 carbon taxes
2011 Delayed climate policy could cost $8 trillion by 2030
2011 Forecasts in figure form - shaded area showing range of legislative proposals
2011 Potential per capita GDP costs of climate change to 2200
2011 The difficult of quantifying ecosystem costs
2011 The many steps associated with estimating extreme event damages
2011 There is big uncertainty about forecasted prices even given probram design
2013 A simplistic look at a climate change cost-benefit analysis, suggesting an optimum of 2.3 degrees.
2013 Economic losses related to natural catastrophes
2013 Forecasting global baseline CO2 emissions
2013 Only a relatively small (and declining) part of the U.S. economy is really vulnerable to climate change.
2013 SCC models are commonly characterized by a continued growth trajectory, regardless of climate change
2013 There is no such thing as one number for the SCC
2013 What do all of the 2010 IAMs estimate at a 3% discount rate
2013 With limited participation number goes to 4 degrees.
2014 Combined direct impact costs vs. integrated costs
2014 Costs of CO2 mitigation
2014 Direct costs and benefits by state, historical hurricane, market mortality
2014 Direct costs and benefits by state, projected hurricane, VSL mortality cost
2014 If the forecasted targets are achieved through P&Ms or targets, what's the cost? (CO2eq)
2014 Per capita county direct costs from change in energy costs
2014 Per capita county-level labor productivity impacts
2014 Per capita direct costs by county distribution
2014 Per capita increase in average annual storm damages due to SLR
2014 Per capita increase in state coastal damages due to SLR alone
2014 Per capita increase in state coastal damages due to SLR and potential hurricane activity change
2014 Per capita state cost increases from crime
2014 State level per capita direct costs
2014 State level per capita direct costs
2015/8 Limiting climate change can save $1.8 Trillion in fuel spend, and $100 Trillion in damages
2015 9. But implications differ by sector, as shown here.
2015 14. But costs are higher, unless you factor in climate and health savings
2015 And will continue to fall
2015 And wind and solar costs are evolving quickly
2015 Annual electricity production and fossil fuel role to 2040
2015 Changes in energy spend by scenario
2015 Comparing Citi and IEA solar and wind deployment
2015 Economic impact of climate change on the world
2015 Net and cumulative incremental costs of the action scenario
2015 REDD Finance vs. agricultural and biofuels subsidies in Brazil and Indonesia
2015 The non-climate benefits and costs of CO2
2015 The relative economics of offsets
2015 Value of potentially unburnable carbon
2016 Although a reliability-based shadow price gives very different results
2016 Box plots for economic damages and social cost of carbon
2016 But economic value of ocean services really very small against GDP
2016 Comparing DICE16 SCC to other estimates
2016 Estimated cost of natural disasters of 2012 in U.S.
2016 Impact of WAIS collapse by 2200 modest in terms of suggested SCC
2016 Impact of WAIS collapse by 2200 modest in terms of suggested SCC
2016 Mapping GHG productivity along value chains
2016 Mapping GHG productivity along value chains
2016 Range of federal SCC estimates
2016 SCC Estimate by Discount Rate
2016 SCC Estimate in Table Form
2016 SCC values in 2020 and 2100 for Baseline and 2oC pathways
2016 Sector emissions vs. value added
2016 Sectors are affected differently by climate change
2016 Social cost of carbon estimates based on DICE 16
2017 17 estimates of the GDP impact of climate change plotted as a least squares - 5 to 95% confidence interval
2017 Billion-Dollar Weather
2017 Carbon prices vs SCC estimates around the world
2017 Framework for Estimating the SCC
2017 Impact of discount rate over the long term
2017 Incremental SCC associated with emitting 3.7 GTs CO2 in 2020
2017 Recent cost trends for selected technologies
2017 SCC vs shadow price: implicit vs explicit valuation of climate change damages
2017 Technology will create opportunities for energy savings and resource productivity
2017 The climate module as incorporated into the SCC
2018 Estimates of global SCC at different discount rates 2015-2050
2020 CBO's projections over different time periods
2020 Charting the CBO's methodology
2020 Comparing CBO estimates to two other studies
2020 Estimated cost of an HVDC system
2020 Estimated Costs and Benefits of Infrastructure 3.0
2020 Estimates of economic damage to 2100
2020 Estimating the NPV of income shock resulting from climate change
2020 HVDC Capital and Maintenance costs by phase
2020 North America’s average cost of energy between 2009 and 2017
2020 Potential new jobs based on payback and interest rate
2020 The overall impact of climate change to 2050
2020 U.S. energy productivity 1950-2019
2021 Billion dollar disasters 1980 - 2020
2021 Current IAMs do not reflect well-developed climate science
2021 Current SCC is behind frontier science
2021 Current US SCC used to justify rollback of fuel economy standards
2021 Distribution of global consumption per capital in 2100 w and w/o tipping points
2021 Recommendations for updating the U.S. SCC
2021 Seven ingredients for calculating the SCC
2021 The impact of including tipping points on estimated SCC
2022 Adaptation and global emissions reductions, taken together, can dramatically reduce costs
2022 Average Values for the Social Cost of Carbon Vary Among Different Models and Inputs
2022 Business investment will fall relative to a stable-climate reference case
2022 Canadian exports will shrink over time in both low-emissions and high-emissions scenarios
2022 Canadian households will pay a high price for climate damages in both the low-emissions and high-emissions scenarios
2022 Canadian imports will slow over time in both low-emissions and high-emissions scenarios
2022 Climate change will cause major job losses in both the low-emissions and high-emissions scenarios
2022 Climate change will make life less affordable by reducing income and increasing expenses
2022 Compared to the stable-climate reference case, by the middle of the century, most impact groups will see a loss in real GDP
2022 Current SCC estimates
2022 Economic drag indicators and broken window indicators
2022 Employment will fall relative to a stable-climate reference case
2022 Exports will fall relative to a stable-climate reference case
2022 Government spending will mostly increase relative to a stable-climate reference case
2022 Governments will need to increase taxes to pay for climate damages both in the low-emissions and high-emissions scenarios
2022 Household income will fall relative to a stable-climate reference case
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E - Implications of Discounting Future Damages
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