Social Cost of Carbon
Social Cost of Carbon Reset
Social Cost of Carbon
Social Cost of Carbon Reading A journal article by William Nordhaus on the critical role of the social cost of carbon (SCC) in determining climate change economics and policies. This paper estimates the SCC using the Dynamic Integrated model of Climate and the Economy (DICE model). Students will understand the application of the DICE model […]
Shadow Price and Social Cost of Carbon
Shadow Price and Social Cost of Carbon Reading A reading titled ‘The Social Cost of Carbon and the Shadow Price of Carbon’ by Richard Price, Simeon Thornton and Stephen Nelson Department for Environment, Food and Rural Affairs (Defra), London, that discusses the topics of social cost of carbon (SCC) and shadow pricing of carbon (SPC) […]
Climate Solutions by Project Drawdown
Climate Solutions by Project Drawdown Reading A website resource designed and developed by ‘Project Drawdown’ that offers a sector-wise list of solutions to the climate crisis. It includes readings on specific solutions for various sectors and sub-sectors such as: Electricity: This reading summarises climate solutions for the electricity sector. It explains different technologies that generate […]
Long-term Cost of Climate Change
Long-term Cost of Climate Change Reading A reading by Louise Lerner, The University of Chicago, that summarises the economic cost of carbon as viewed from the perspective of geologists. This research challenges the traditional cost of carbon, which has been priced at $100 per ton of carbon emission, by stating the cost of carbon to […]
Climate Change, the Economy, and Society
Climate Change, the Economy, and Society Model/Simulation A model/simulation to understand the relationships between climate change, economics, and social factors. Students will customise parameters related to policy (such as emissions-related tax or treaty), climate (such as levels of climate sensitivity and harm), and economy (such as growth and energy efficiency) to observe the corresponding effects […]
Cost-Benefit Analysis for Carbon Emissions Abatement
Cost-Benefit Analysis for Carbon Emissions Abatement Teaching Module A classroom/laboratory activity or teaching module to perform cost-benefit analysis for carbon emissions abatement, considered to be an action that will mitigate climate change. Students will learn about cost-benefit analysis, and will determine the costs and benefits of abating carbon emissions. They will also learn about the […]
Carbon Pricing: Shadow and Market Prices
Impact of Climate Change on Carbon Pricing: Shadow and Market Prices Overview As an undergraduate Economics teacher, you can use this set of computer-based tools to teach the concept of Carbon Pricing and the instruments to implement it- Carbon Tax and Cap-and-Trade/Emissions Trading System (ETS). This lesson plan includes a resource to help students understand […]
Economics
Search by Resource Type Lesson Plan Teaching Tool Search by Key Topics in Economics Climate Change Economics Microeconomics Invisible Hand Tragedy of the Commons Marxism Capitalism Cost Benefit Analysis Market Failure Opportunity Costs Economic Growth Energy Economics Economic Externalities Social Cost of Carbon Willingness to Cooperate Willingness to Pay Gender Economics Economic Policy Hubbert’s Peak […]
Climate Solutions for the Energy Sector
Climate Solutions for the Energy Sector Video A video playlist titled ‘CS – Drawdown – 2 – Energy’ from the ‘Murtugudde Climate Academy’ by Dr. Raghu Murtugudde. It consists of 21 short video lectures that summarise climate solutions for the Energy Sector. The solutions are based on the book titled ‘Drawdown’ edited by Paul Hawken. […]