Carbon Tax

(redirected from Social cost of carbon)
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A proposed tax that would be levied against high consumers of heating oil, gasoline, electricity, etc., in an effort to reduce the emission of greenhouse gases
References in periodicals archive ?
And the appropriately robust valuations of statistical life and the social cost of carbon help make environmental groups comfortable with the methodology.
Gov't, Technical Support Document: Technical Update of the Social Cost of Carbon for Regulatory Impact Analysis Under Executive Order 12866 (May 2013), available at http://www.
1 that the Administration will accept comment on the revised estimate of the Social Cost of Carbon.
It is easy enough to begin to model the social cost of carbon by putting a monetary value on some of these impacts.
The policy implications of this outcome and of the uncertainty that surrounds so many stages of estimating the social cost of carbon are radical.
If the energy industry is saddled with new, onerous regulations and fees, the latest example being a social cost of carbon, it will stagnate.
And in early August, the House voted to block the Environmental Protection Agency from factoring in the social cost of carbon when crafting major new energy regulations.
Because it is essential to establish that there/s a social cost of carbon, and that social cost must be internalized in the prices that consumers and firms actually see and pay.
Technical Support Document: Social Cost of Carbon for Regulatory Impact Analysis," published by the Interagency Working Group on Social Cost of Carbon.
Should we weight the social cost of carbon results for those scenarios in which probabilistically the temperature change is high?
The kick-off presentation, "The Social Cost of Carbon - A View from Both Sides," features David Bookbinder, former chief climate counsel of the Sierra Club, and David Bailey, former global climate policy manager for ExxonMobil, both now with Element VI Consulting.