Cameron Hepburn
NatureClimateChange

Climate change economics: Make carbon pricing a priority

Nature Climate Change, 7, 389-390, 2017.


Estimates of the social cost of carbon vary widely as a function of different ethical parameters. Faced with values ranging from US$10 to US$1,000 per tCO2 and above, some perplexed policymakers have adopted ‘target-consistent’ carbon pricing instead.