KnowraSocial cost of carbonLinked fromLinked fromThe 12 pages that link to Social cost of carbon, each with the reason it gives.All 12Broader topic 3Related 9Carbon pricingRelated: It offers a benchmark for judging whether a carbon price reflects estimated climate damages.Pigouvian taxRelated: It provides a damage estimate used to set or evaluate carbon taxes.Carbon taxRelated: It provides one benchmark for setting a tax equal to climate damages.Climate policyRelated: Governments use it to compare climate damages with the costs of proposed actions.Levelized cost of electricityRelated: Whether climate damages are included can change comparisons between emitting and low-carbon generation.Shadow priceRelated: It is a damage-based marginal valuation, distinct from a cap’s model-specific shadow price.Public economicsRelated: It translates climate damages into a benchmark for evaluating carbon taxes and other policies.Sustainable designRelated: It illustrates the difficulty of assigning economic value to long-term climate harms.William NordhausRelated: It translates the damages in Nordhaus’s climate models into a marginal cost of emissions.