메뉴 건너뛰기




Volumn 4, Issue 4, 2014, Pages 253-258

A lower bound to the social cost of CO 2 emissions

Author keywords

[No Author keywords available]

Indexed keywords

CARBON DIOXIDE; CARBON EMISSION; COST-BENEFIT ANALYSIS; ENVIRONMENTAL POLICY; PRECAUTIONARY PRINCIPLE; RISK ASSESSMENT;

EID: 84897035859     PISSN: 1758678X     EISSN: 17586798     Source Type: Journal    
DOI: 10.1038/nclimate2135     Document Type: Review
Times cited : (104)

References (78)
  • 2
    • 70349327732 scopus 로고    scopus 로고
    • The economic impact of climate change
    • Tol, R. S. J. The economic impact of climate change. J. Econ. Persp. 23, 29-51 (2009).
    • (2009) J. Econ. Persp. , vol.23 , pp. 29-51
    • Tol, R.S.J.1
  • 3
    • 0141879482 scopus 로고    scopus 로고
    • The social cost of carbon and its policy implications
    • Pearce, D. W. The social cost of carbon and its policy implications. Oxford Rev. Econ. Pol. 19, 362-384 (2003).
    • (2003) Oxford Rev. Econ. Pol. , vol.19 , pp. 362-384
    • Pearce, D.W.1
  • 6
    • 0000511478 scopus 로고
    • Greenhouse effects: Damages, costs and abatement
    • Ayres, R. U. & Walters, J. Greenhouse effects: Damages, costs and abatement. Environ. Res. Econ. 1, 237-270 (1991).
    • (1991) Environ. Res. Econ. , vol.1 , pp. 237-270
    • Ayres, R.U.1    Walters, J.2
  • 9
    • 48749127865 scopus 로고    scopus 로고
    • A review of Managing the global commons: The economics of global change by W D Nordhaus
    • Barker, T. A review of Managing the global commons: the economics of global change by W. D. Nordhaus. Energy Environ. 7, 85-88 (1996).
    • (1996) Energy Environ. , vol.7 , pp. 85-88
    • Barker, T.1
  • 10
    • 0032052622 scopus 로고    scopus 로고
    • Are optimal CO2 emissions really optimal? Four critical issues for economists in the greenhouse
    • Azar, C. Are optimal CO2 emissions really optimal? Four critical issues for economists in the greenhouse. Environ. Res. Econ. 11, 301-315 (1998).
    • (1998) Environ. Res. Econ. , vol.11 , pp. 301-315
    • Azar, C.1
  • 11
    • 0033041651 scopus 로고    scopus 로고
    • Global warming: Discounting is not the issue, but substitutability is
    • Neumayer, E. Global warming: discounting is not the issue, but substitutability is. Energy Policy 27, 33-43 (1999).
    • (1999) Energy Policy , vol.27 , pp. 33-43
    • Neumayer, E.1
  • 14
    • 2342633314 scopus 로고    scopus 로고
    • Optimal climate policy is a utopia: From quantitative to qualitative cost-benefit analysis
    • van den Bergh, J. C. J. M. Optimal climate policy is a utopia: from quantitative to qualitative cost-benefit analysis. Ecol. Econ. 48, 385-393 (2004).
    • (2004) Ecol. Econ. , vol.48 , pp. 385-393
    • Van Den Bergh, J.C.J.M.1
  • 15
    • 10844290943 scopus 로고    scopus 로고
    • Climate change, economic analysis and sustainable development
    • Padilla, E. Climate change, economic analysis and sustainable development. Environ.Values 13, 523-544 (2004).
    • (2004) Environ.Values , vol.13 , pp. 523-544
    • Padilla, E.1
  • 16
    • 34249804472 scopus 로고    scopus 로고
    • The economics of inaction on climate change: A sensitivity analysis
    • Ackerman F. & Finlayson, I. J. The economics of inaction on climate change: a sensitivity analysis. Clim. Policy 6, 509-526 (2007).
    • (2007) Clim. Policy , vol.6 , pp. 509-526
    • Ackerman, F.1    Finlayson, I.J.2
  • 17
    • 34447519932 scopus 로고    scopus 로고
    • The economics of climate change and the change of climate in economics
    • Marchal, K. The economics of climate change and the change of climate in economics. Energy Policy 35, 5181-5194 (2007).
    • (2007) Energy Policy , vol.35 , pp. 5181-5194
    • Marchal, K.1
  • 18
    • 56249105070 scopus 로고    scopus 로고
    • Behavioral economics and climate change policy
    • Gowdy, J. M. Behavioral economics and climate change policy. J. Behav. Econ. Organ. 68, 632-644 (2008).
    • (2008) J. Behav. Econ. Organ. , vol.68 , pp. 632-644
    • Gowdy, J.M.1
  • 19
    • 85106288004 scopus 로고    scopus 로고
    • The social cost of carbon: Trends, outliers and catastrophes
    • Tol, R. S. J. The social cost of carbon: Trends, outliers and catastrophes. Economics 2, 1-22 (2008).
    • (2008) Economics , vol.2 , pp. 1-22
    • Tol, R.S.J.1
  • 20
    • 70349986914 scopus 로고    scopus 로고
    • Limitations of integrated assessment models of climate change
    • Ackerman, F., DeCanio. S. J., Howarth, R. B. & Sheeran, K. Limitations of integrated assessment models of climate change. Climatic Change 95, 297-315 (2009).
    • (2009) Climatic Change , vol.95 , pp. 297-315
    • Ackerman, F.1    Decanio, S.J.2    Howarth, R.B.3    Sheeran, K.4
  • 21
    • 77953139305 scopus 로고    scopus 로고
    • Fat tails, exponents, extreme uncertainty: Simulating catastrophe in DICE
    • Ackerman, F., Stanton, E. A. & Bueno, R. Fat tails, exponents, extreme uncertainty: Simulating catastrophe in DICE. Ecol. Econ. 69, 1657-1665 (2010).
    • (2010) Ecol. Econ. , vol.69 , pp. 1657-1665
    • Ackerman, F.1    Stanton, E.A.2    Bueno, R.3
  • 22
    • 77955050494 scopus 로고    scopus 로고
    • Safe climate policy is affordable - 12 reasons
    • van den Bergh, J. C. J. M. Safe climate policy is affordable - 12 reasons. Climatic Change 101, 339-385 (2010).
    • (2010) Climatic Change , vol.101 , pp. 339-385
    • Van Den Bergh, J.C.J.M.1
  • 23
    • 84860307684 scopus 로고    scopus 로고
    • Climate damages in the FUND model: A disaggregated analysis
    • Ackerman, F. & Munitz, C. Climate damages in the FUND model: A disaggregated analysis. Ecol. Econ. 77, 219-224 (2012).
    • (2012) Ecol. Econ. , vol.77 , pp. 219-224
    • Ackerman, F.1    Munitz, C.2
  • 24
    • 84865440255 scopus 로고    scopus 로고
    • On the uncertainty about the total economic impact of climate change
    • Tol, R. S. J. On the uncertainty about the total economic impact of climate change. Environ. Res. Econ. 53, 97-116 (2012).
    • (2012) Environ. Res. Econ. , vol.53 , pp. 97-116
    • Tol, R.S.J.1
  • 27
    • 33846301607 scopus 로고    scopus 로고
    • The marginal impact of CO2 from PAGE2002: An integrated assessment model incorporating the IPCCs five reasons for concern
    • Hope, C. The marginal impact of CO2 from PAGE2002: an integrated assessment model incorporating the IPCCs five reasons for concern. Integrat. Assess. J. 6, 19-56 (2006).
    • (2006) Integrat. Assess. J. , vol.6 , pp. 19-56
    • Hope, C.1
  • 28
    • 84975124671 scopus 로고    scopus 로고
    • The marginal damage costs of different greenhouse gases: An application of FUND
    • Waldhoff, S., Anthoff, D., Rose, S. & Tol, R. S. J. The marginal damage costs of different greenhouse gases: An application of FUND. Economics 2011-43 (2011).
    • (2011) Economics , vol.2011 , pp. 43
    • Waldhoff, S.1    Anthoff, D.2    Rose, S.3    Tol, R.S.J.4
  • 29
    • 84894755371 scopus 로고    scopus 로고
    • The social cost of CO2 from the PAGE09 model
    • Hope, C. The social cost of CO2 from the PAGE09 model. Economics 2011-39 (2011).
    • (2011) Economics , vol.2011 , pp. 39
    • Hope, C.1
  • 31
    • 84977103765 scopus 로고    scopus 로고
    • The social cost of carbon in US regulatory impact analyses: An introduction and critique
    • Johnson, L. T. & Hope, C. The social cost of carbon in U.S. regulatory impact analyses: An introduction and critique. J. Environ. Stud. Sci. 2, 205-221 (2012).
    • (2012) J. Environ. Stud. Sci. , vol.2 , pp. 205-221
    • Johnson, L.T.1    Hope, C.2
  • 32
    • 84868207822 scopus 로고    scopus 로고
    • Estimating the social cost of non-CO2 GHG emissions: Methane and nitrous oxide
    • Marten, A. L. & Newbold, S. C. Estimating the social cost of non-CO2 GHG emissions: Methane and nitrous oxide. Energy Policy 51, 957-972 (2012).
    • (2012) Energy Policy , vol.51 , pp. 957-972
    • Marten, A.L.1    Newbold, S.C.2
  • 33
    • 0032901817 scopus 로고    scopus 로고
    • Figuring the costs of climate change: An assessment and critique
    • Demeritt, D. & Rothman, D. Figuring the costs of climate change: an assessment and critique. Environ. Plan. A 31, 389-408 (1999).
    • (1999) Environ. Plan. A , vol.31 , pp. 389-408
    • Demeritt, D.1    Rothman, D.2
  • 34
    • 13844255156 scopus 로고    scopus 로고
    • The marginal damage costs of carbon dioxide emissions: An assessment of the uncertainties
    • Tol, R. S. J. The marginal damage costs of carbon dioxide emissions: an assessment of the uncertainties. Energy Policy 33, 2064-2074 (2005).
    • (2005) Energy Policy , vol.33 , pp. 2064-2074
    • Tol, R.S.J.1
  • 35
    • 84884808009 scopus 로고    scopus 로고
    • The structure of economic modeling of the potential impacts of climate change: Grafting gross underestimation of risk onto already narrow science models
    • Stern, N. The structure of economic modeling of the potential impacts of climate change: grafting gross underestimation of risk onto already narrow science models. J. Econ. Lit. 51, 838-859 (2013).
    • (2013) J. Econ. Lit. , vol.51 , pp. 838-859
    • Stern, N.1
  • 37
    • 79952698730 scopus 로고    scopus 로고
    • The ethics of intertemporal distribution in a warming planet
    • Roemer, J. E. The ethics of intertemporal distribution in a warming planet. Environ. Res. Econ. 48, 363-390 (2011).
    • (2011) Environ. Res. Econ. , vol.48 , pp. 363-390
    • Roemer, J.E.1
  • 38
    • 35348974085 scopus 로고    scopus 로고
    • A review of the Stern review on the economics of climate change
    • Nordhaus, W. D. A review of the Stern review on the economics of climate change. J. Econ. Lit. XLV, 686-702 (2007).
    • (2007) J. Econ. Lit. , vol.65 , pp. 686-702
    • Nordhaus, W.D.1
  • 42
    • 84897062223 scopus 로고    scopus 로고
    • Ch. 6 Yale Center for the Study of Globalization
    • Cline, W. R. Yale Symposium on the Stern Review Ch. 6 (Yale Center for the Study of Globalization, 2007); http://go.nature.com/95uCm5
    • (2007) Yale Symposium on the Stern Review
    • Cline, W.R.1
  • 43
    • 77649270861 scopus 로고    scopus 로고
    • Why environmental sustainability can most probably not be attained with growing production
    • Hueting, R. Why environmental sustainability can most probably not be attained with growing production. J. Clean. Prod. 18, 525-530 (2010).
    • (2010) J. Clean. Prod. , vol.18 , pp. 525-530
    • Hueting, R.1
  • 44
    • 77949466271 scopus 로고    scopus 로고
    • Ecological discounting
    • Gollier, C. Ecological discounting. J. Econ. Theory 145, 812-829 (2010).
    • (2010) J. Econ. Theory , vol.145 , pp. 812-829
    • Gollier, C.1
  • 47
    • 44949111382 scopus 로고    scopus 로고
    • Ely lecture: The economics of climate change
    • Stern, N. & Richard T. Ely lecture: The economics of climate change. Am. Econ. Rev. 98, 1-37 (2008).
    • (2008) Am. Econ. Rev. , vol.98 , pp. 1-37
    • Stern, N.1    Richard, T.2
  • 48
    • 84880760237 scopus 로고    scopus 로고
    • Determining benefits and costs for future generations
    • Arrow, K. et al. Determining benefits and costs for future generations. Science 341, 349-350 (2013).
    • (2013) Science , vol.341 , pp. 349-350
    • Arrow, K.1
  • 52
    • 33846301607 scopus 로고    scopus 로고
    • The marginal impact of CO2 from PAGE2002: An Integrated Assessment Model incorporating the IPCCs five reasons for concern
    • Hope, C. The marginal impact of CO2 from PAGE2002: An Integrated Assessment Model incorporating the IPCCs five reasons for concern. Integrat. Assess. J. 6, 19-56 (2006).
    • (2006) Integrat. Assess. J. , vol.6 , pp. 19-56
    • Hope, C.1
  • 53
    • 69649097412 scopus 로고    scopus 로고
    • On modeling and interpreting the economics of catastrophic climate change
    • Weitzman, M. L. On modeling and interpreting the economics of catastrophic climate change. Rev. Econ. Stats. 91, 1-19 (2009).
    • (2009) Rev. Econ. Stats. , vol.91 , pp. 1-19
    • Weitzman, M.L.1
  • 55
    • 77954864654 scopus 로고    scopus 로고
    • Risk-Adjusted gamma discounting
    • Weitzman, M. L. Risk-Adjusted gamma discounting. J. Environ. Econ. Manage. 60, 1-13 (2010).
    • (2010) J. Environ. Econ. Manage. , vol.60 , pp. 1-13
    • Weitzman, M.L.1
  • 56
    • 84862651043 scopus 로고    scopus 로고
    • How sensitive is Nordhaus to Weitzman? Climate policy in DICE with an alternative damage function
    • Botzen, W. J. W. & van den Bergh, J. C. J. M. How sensitive is Nordhaus to Weitzman? Climate policy in DICE with an alternative damage function. Econ. Lett. 117, 372-374 (2012).
    • (2012) Econ. Lett. , vol.117 , pp. 372-374
    • Botzen, W.J.W.1    Van Den Bergh, J.C.J.M.2
  • 57
    • 85106508672 scopus 로고    scopus 로고
    • A tale of tails: Uncertainty and the social costs of carbon dioxide
    • Pycroft, J., Vergano, J., Hope, C., Paci, D. & Ciscar, J. C. A tale of tails: Uncertainty and the social costs of carbon dioxide. Economics 5, 1-29 (2011).
    • (2011) Economics , vol.5 , pp. 1-29
    • Pycroft, J.1    Vergano, J.2    Hope, C.3    Paci, D.4    Ciscar, J.C.5
  • 59
    • 80052930965 scopus 로고    scopus 로고
    • High impact, low probability? An empirical analysis of risk in the economics of climate change
    • Dietz, S. High impact, low probability? An empirical analysis of risk in the economics of climate change. Climatic Change 108, 519-541 (2011).
    • (2011) Climatic Change , vol.108 , pp. 519-541
    • Dietz, S.1
  • 60
    • 84865101604 scopus 로고    scopus 로고
    • Climate risks and carbon prices: Revising the social cost of carbon
    • Ackerman, F. & Stanton, E. A. Climate risks and carbon prices: Revising the social cost of carbon. Economics 6, 1-25 (2012).
    • (2012) Economics , vol.6 , pp. 1-25
    • Ackerman, F.1    Stanton, E.A.2
  • 62
    • 85106511453 scopus 로고    scopus 로고
    • Risk premia and the social cost of carbon: A review
    • Kousky, C., Kopp, R. E. & Cooke, R. Risk premia and the social cost of carbon: A revie W. Economics 5, 1-24 (2011).
    • (2011) Economics , vol.5 , pp. 1-24
    • Kousky, C.1    Kopp, R.E.2    Cooke, R.3
  • 63
    • 65649097097 scopus 로고    scopus 로고
    • Bounded rationality, climate risks and insurance: Is there a market for natural disasters?
    • Botzen, W. J. W. & van den Bergh, J. C. J. M. Bounded rationality, climate risks and insurance: Is there a market for natural disasters? Land Econ. 85, 266-279 (2009).
    • (2009) Land Econ. , vol.85 , pp. 266-279
    • Botzen, W.J.W.1    Van Den Bergh, J.C.J.M.2
  • 64
    • 39749175643 scopus 로고    scopus 로고
    • Discount rates, equity weights and the social cost of carbon
    • Hope, C. Discount rates, equity weights and the social cost of carbon. Energy Econ. 30, 1011-1019 (2008).
    • (2008) Energy Econ. , vol.30 , pp. 1011-1019
    • Hope, C.1
  • 66
    • 27844502043 scopus 로고    scopus 로고
    • Are people inequality-Averse, or just risk averse?
    • Carlsson, F., D. Daruvala & Johansson-Stenman, O. Are people inequality-Averse, or just risk averse? Economica 72, 375-396 (2005).
    • (2005) Economica , vol.72 , pp. 375-396
    • Carlsson, F.1    Daruvala, D.2    Johansson-Stenman, O.3
  • 67
    • 35348986834 scopus 로고    scopus 로고
    • Ethics of the discount rate in the Stern Review
    • Beckerman, W. & Hepburn, C. J. Ethics of the discount rate in the Stern Revie W. World Econ. 8, 187-210 (2007).
    • (2007) World Econ. , vol.8 , pp. 187-210
    • Beckerman, W.1    Hepburn, C.J.2
  • 68
    • 67650221268 scopus 로고    scopus 로고
    • Risk aversion, time preference, and the social cost of carbon
    • Anthoff, D., Tol, R. S. J. & Yohe, G. W. Risk aversion, time preference, and the social cost of carbon. Environ. Res. Lett. 4, 1-7 (2009).
    • (2009) Environ. Res. Lett. , vol.4 , pp. 1-7
    • Anthoff, D.1    Tol, R.S.J.2    Yohe, G.W.3
  • 70
    • 21344456385 scopus 로고    scopus 로고
    • Decision criteria, scientific uncertainty, and the global warming controversy
    • Froyn, C. B. Decision criteria, scientific uncertainty, and the global warming controversy. Mitig. Adapt. Strat. Glob. Change 10, 183-211 (2005).
    • (2005) Mitig. Adapt. Strat. Glob. Change , vol.10 , pp. 183-211
    • Froyn, C.B.1
  • 71
    • 84897050434 scopus 로고    scopus 로고
    • Climate policy under fat-tailed risk: An application of FUND
    • (in the press)
    • Anthoff, D. & Tol, R. S. J. Climate policy under fat-tailed risk: An application of FUND. Ann. Op. Res. (in the press).
    • Ann. Op. Res.
    • Anthoff, D.1    Tol, R.S.J.2
  • 72
    • 0033361405 scopus 로고    scopus 로고
    • Minimax regret strategies for greenhouse gas abatement: Methodology and application
    • Loulou, R. & Kanudia, A. Minimax regret strategies for greenhouse gas abatement: Methodology and application. Op. Res. Lett. 25, 219-230 (1999).
    • (1999) Op. Res. Lett. , vol.25 , pp. 219-230
    • Loulou, R.1    Kanudia, A.2
  • 73
    • 84860267302 scopus 로고    scopus 로고
    • Communicating trade-offs amid controversial science: Decision support for climate policy
    • Iverson, T. Communicating trade-offs amid controversial science: Decision support for climate policy. Ecol. Econ. 77, 74-90 (2012).
    • (2012) Ecol. Econ. , vol.77 , pp. 74-90
    • Iverson, T.1
  • 74
    • 68949167319 scopus 로고    scopus 로고
    • We already have risk management - Do we really need the precautionary principle?
    • Randall, A. We already have risk management - Do we really need the precautionary principle? Int. Rev. Environ. Resource Econ. 3, 39-74 (2009).
    • (2009) Int. Rev. Environ. Resource Econ. , vol.3 , pp. 39-74
    • Randall, A.1
  • 76
    • 84856022161 scopus 로고    scopus 로고
    • Precaution and proportionality in the management of global environmental change
    • Iverson, T. & Perrings, C. Precaution and proportionality in the management of global environmental change. Glob. Environ. Change 22, 161-177 (2012).
    • (2012) Glob. Environ. Change , vol.22 , pp. 161-177
    • Iverson, T.1    Perrings, C.2
  • 78
    • 68949190318 scopus 로고    scopus 로고
    • Complexity climate change and the precautionary principle
    • Quiggin, J. Complexity, climate change and the precautionary principle. Environ. Health 7, 15-21 (2007).
    • (2007) Environ. Health , vol.7 , pp. 15-21
    • Quiggin, J.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.