@article{Tol2008Social,
abstract = {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.},
address = {Kiel},
author = {Richard S. J. Tol},
copyright = {http://creativecommons.org/licenses/by-nc/2.0/de/deed.en},
doi = {10.5018/economics-ejournal.ja.2008-25},
journal = {Economics: The Open-Access, Open-Assessment E-Journal},
keywords = {Q54; 330; Climate change; social cost of carbon; Klimaver\"{a}nderung; Kohlendioxid; Soziale Kosten; Sch\"{a}tzung; Welt},
language = {eng},
number = {2008-25},
pages = {1-22},
publisher = {Kiel Institute for the World Economy (IfW)},
title = {The Social Cost of Carbon: Trends, Outliers and Catastrophes},
url = {http://hdl.handle.net/10419/18038},
volume = {2},
year = {2008}
}
