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Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/50174
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Ceronsky, Megan | | en_US |
| dc.contributor.author | | Anthoff, David | | en_US |
| dc.contributor.author | | Hepburn, Cameron | | en_US |
| dc.contributor.author | | Tol, Richard S. J. | | en_US |
| dc.date.accessioned | | 2011-06-30 | | en_US |
| dc.date.accessioned | | 2011-09-30T10:01:27Z | | - |
| dc.date.available | | 2011-09-30T10:01:27Z | | - |
| dc.date.issued | | 2011 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/50174 | | - |
| dc.description.abstract | | Research into the social cost of carbon emissions - the marginal social damage from a tonne of emitted carbon - has tended to focus on best guess scenarios. Such scenarios generally ignore the potential for low-probability, high-damage events, which are critically important to determining optimal climate policy. This paper uses the FUND integrated assessment model to investigate the influence of three types of low-probability, high-impact climate responses on the social cost of carbon: the collapse of the Atlantic Ocean Meridional Overturning Circulation; large scale dissociation of oceanic methane hydrates; and climate sensitivities above best guess levels. We find that incorporating these events can increase the social cost of carbon by a factor of over 3. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | ESRI Dublin | | en_US |
| dc.relation.ispartofseries | | ESRI working paper 392 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | climate change | | en_US |
| dc.subject.keyword | | catastrophe | | en_US |
| dc.subject.keyword | | non-linearity | | en_US |
| dc.subject.keyword | | impacts | | en_US |
| dc.title | | Checking the price tag on catastrophe: The social cost of carbon under non-linear climate response | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 663372984 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| Appears in Collections: | | ESRI Working Papers, The Economic and Social Research Institute (ESRI)
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