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The Social Cost of Carbon: Trends, Outliers and Catastrophes

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dc.creator Tol, Richard S. J.
dc.date 2008
dc.date.accessioned 2013-10-16T06:58:01Z
dc.date.available 2013-10-16T06:58:01Z
dc.date.issued 2013-10-16
dc.identifier Economics: The Open-Access, Open-Assessment E-Journal 2 2008-25 1-22 doi:10.5018/economics-ejournal.ja.2008-25
dc.identifier doi:10.5018/economics-ejournal.ja.2008-25
dc.identifier http://hdl.handle.net/10419/18038
dc.identifier ppn:576820881
dc.identifier http://www.economics-ejournal.org/economics/journalarticles/2008-25
dc.identifier RePEc:zbw:ifweej:7373
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/18038
dc.description 211 estimates of the social cost of carbon are included in a meta-analysis. The results confirm that a lower discount rate implies a higher estimate; and that higher estimates are found in the gray literature. It is also found that there is a downward trend in the economic impact estimates of the climate; that the Stern Review?s estimates of the social cost of carbon is an outlier; and that the right tail of the distribution is fat. There is a fair chance that the annual climate liability exceeds the annual income of many people.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation economics - The Open-Access, Open-Assessment E-Journal 2008-25
dc.rights http://creativecommons.org/licenses/by-nc/2.0/de/deed.en
dc.subject Q54
dc.subject ddc:330
dc.subject Climate change
dc.subject social cost of carbon
dc.subject Klimaveränderung
dc.subject Kohlendioxid
dc.subject Soziale Kosten
dc.subject Schätzung
dc.subject Welt
dc.title The Social Cost of Carbon: Trends, Outliers and Catastrophes
dc.type doc-type:article


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