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...

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Bibliographic Details
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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