PAGE95: An updated valuation of the impacts of global warming
EL Plambeck, C Hope - Energy policy, 1996 - Elsevier
EL Plambeck, C Hope
Energy policy, 1996•ElsevierA vital measure for global warming policy is the marginal impact of a tonne of carbon emitted
to the atmosphere. In economic terms, this value corresponds to the carbon tax level needed
to internalize the externalities associated with climate change. This study re-evaluates the
marginal impact of CO2 emissions in the light of new scientific and economic understanding
of the cooling effects of sulphate aerosols and ozone depletion, the regional distribution of
global warming damages, non-linearity in damage as a function of temperature rise and the …
to the atmosphere. In economic terms, this value corresponds to the carbon tax level needed
to internalize the externalities associated with climate change. This study re-evaluates the
marginal impact of CO2 emissions in the light of new scientific and economic understanding
of the cooling effects of sulphate aerosols and ozone depletion, the regional distribution of
global warming damages, non-linearity in damage as a function of temperature rise and the …
A vital measure for global warming policy is the marginal impact of a tonne of carbon emitted to the atmosphere. In economic terms, this value corresponds to the carbon tax level needed to internalize the externalities associated with climate change. This study re-evaluates the marginal impact of CO2 emissions in the light of new scientific and economic understanding of the cooling effects of sulphate aerosols and ozone depletion, the regional distribution of global warming damages, non-linearity in damage as a function of temperature rise and the appropriate discount rate.
Elsevier
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