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 […]
Stern Review: The Economics of Climate Change Part 2

Stern Review: The Economics of Climate Change Part 2 Reading A reading from the ‘Stern Review: The Economics of Climate Change’ by economist Nicholas Stern for the Government of the United Kingdom which contains predictions on mortality, ecosystems and income levels. This reading includes results of their modelling that states that climate change will cause […]