Comprehensive evidence implies a higher social cost of CO2 | Nature

Coupling advances in socioeconomic projections, climate models, damage functions and discounting methods yields an estimate of the social cost of carbon of US$185 per tonne of CO2—triple the widely used value published by the US government.

Download PDF Subjects Climate-change impacts Environmental economics Environmental impact Abstract The social cost of carbon dioxide (SC-CO 2 ) measures the monetized value of the damages to society caused by an incremental metric tonne of CO 2 emissions and is a key metric informing climate policy. Used by governments and other decision-makers in benefit–cost analysis for over a decade, SC-CO 2 estimates draw on climate science, economics, demography and other disciplines. However, a 2017 report by the US National Academies of Sciences, Engineering, and Medicine 1 (NASEM) highlighted that cur

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