Considering health damages and co-benefits in climate change policy assessment

2022/09/01 by Thomas Longden, Tom Kompas, Richard Norman +1 · 1 voice
Economics, Econometrics and Finance · Environmental Science · #Air Quality and Health Impacts #Climate Change Policy and Economics #Climate Change and Health Impacts

paper · pdf · doi:10.1016/s2542-5196(22)00196-6

openalex publication_date 2022/09/01 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/29

Abstract

In early 2021, US President Joe Biden signed an executive order to revise the social cost of carbon estimate used by the US Government. The social cost of carbon is a monetary estimate of the harms of climate change that can be applied when developing policy and making decisions on fossil fuel extraction, infrastructure projects, and emissions reductions.

Citations

• The impact of temperature on mortality across different climate zones

Discussions

• The US is now using a social cost of carbon of US$51 per tonne of CO2 This is much higher than the $7 per tonne of CO2 used by the Trump administration https://doi.org/10.1016/S2542-5196(22)00196-6 [bsky, 0 points, 1 comments]