The social cost of carbon and inequality: when local redistribution shapes global carbon prices
"The social cost of carbon is the central economic measure for aggregate climate change damages and functions as a metric for optimal carbon prices. Previous literature shows that inequality significantly influences the level of the social cost of carbon, but mostly neglects a major source of i...
Main Authors: | Kornek, Ulrike, Klenert, David, Edenhofer, Ottmar, Fleurbaey, Marc |
---|---|
Institution: | ETUI-European Trade Union Institute |
Format: | TEXT |
Language: | English |
Published: |
Munich
2019
CESifo |
Subjects: | |
Online Access: | https://www.labourline.org/KENTIKA-19308484124911266669-The-social-cost-of-carbon-and-.htm |
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