DOI: 10.1002/wcc.140
Scopus记录号: 2-s2.0-80855147691
论文题名: Using the social cost of carbon in regulatory deliberations
作者: Watkiss P ; , Hope C
刊名: Wiley Interdisciplinary Reviews: Climate Change
ISSN: 17577780
出版年: 2011
卷: 2, 期: 6 起始页码: 886
结束页码: 901
语种: 英语
英文关键词: Costs
; Decision making
; Economic and social effects
; Climate policy
; Costs and benefits
; Decision framework
; Policy decisions
; Policy makers
; Policy outcomes
; Social cost of carbon
; Trade off
; Uncertainty analysis
英文摘要: This paper reviews the use of social cost of carbon (SCC) values in regulatory deliberations, using practical examples to reveal potential insights. The paper reports on how the inferred choice of input assumptions, and the method used to pick SCC estimates, affects both the size of SCC values and the uncertainty ranges, and that these implicitly influence policy outcomes. The paper also reviews applications of the SCC in the UK. This reveals the following: (1) There is a potential trade-off between the use of single SCC estimates to ensure consistency, versus use of a range to reflect uncertainty. (2) SCC values are more influential in some sectors than others, which can make it challenging to introduce consistent policies. (3) In some cases the SCC can act as a switching value on major (nonclimate) policy decisions. (4) SCC literature estimates have changed over time, often dramatically. These changes are difficult to implement and policy makers seem to prefer more stable values, even if this means changing input assumptions or methods. (5) For the analysis of climate policy, the decision framework in which SCC values are used makes a large difference to the outcome. (6) There are complex issues and potential inconsistencies involved in applying global SCC values to national decision frameworks comparing costs and benefits. All of these issues caution against a narrow and over-simplistic application of SCC values in regulatory deliberations. Nonetheless, with appropriate caution and caveats, the paper reports that SCC values can have a role in helping to inform policy. © 2011 John Wiley & Sons, Ltd. Citation statistics:
资源类型: 期刊论文
标识符: http://119.78.100.158/handle/2HF3EXSE/76483
Appears in Collections: 影响、适应和脆弱性 气候变化与战略
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作者单位: Paul Watkiss Associates, Oxford, United Kingdom; School of Geography and the Environment, University of Oxford, United Kingdom; Judge Business School, University of Cambridge, United Kingdom
Recommended Citation:
Watkiss P,, Hope C. Using the social cost of carbon in regulatory deliberations[J]. Wiley Interdisciplinary Reviews: Climate Change,2011-01-01,2(6)