The social cost of carbon (SCC) is the marginal cost of the impacts caused by emitting one extra tonne of carbon emissions at any point in time. The purpose...

applied to any number of economic problems: for example, social cost of carbon has been explored to better understand the costs of carbon emissions for proposed...

Carbon pricing (or CO2 pricing) is a method for governments to mitigate climate change, in which a monetary cost is applied to greenhouse gas emissions...

external costs of their actions, which include the present and future welfare of people, the natural environment, and the social cost of carbon. This can be...

marginal abatement cost curve, which shows the marginal cost of additional reductions in pollution. Carbon traders use marginal abatement cost curves to derive...

A carbon tax is a tax levied on the carbon emissions from producing goods and services. Carbon taxes are intended to make visible the hidden social costs...

Carbon offsetting is a carbon trading mechanism that enables entities to compensate for offset greenhouse gas emissions by investing in projects that...

Carbon pricing in Canada is implemented either as a regulatory fee or tax levied on the carbon content of fuels at the Canadian provincial, territorial...

an externality or external cost is an indirect cost or benefit to an uninvolved third party that arises as an effect of another party's (or parties')...

long term. Cost-benefit integrated assessment models are the main tools for calculating the social cost of carbon, or the marginal social cost of emitting...