Must Read – Q&A: The Social Cost of Carbon (SCC)

Carbon Brief

Carbon Brief provides a great article on the science and the politics of the Social Cost of Carbon (SCC), including background on the scientific issues, the modelling, and the legal situation in the US. The social cost of carbon (SCC) has been called “the most important number you’ve never heard of” because it underpins climate regulations, and it provides an economic rationale for pricing CO2 emissions.

Editor’s Comment: Here at www.global4c.org we will provide you with our explanation on the shortcomings of the SCC with a new theory for a Risk Cost of Carbon (RCC).

 

Q&A: The social cost of carbon