Back to OurEnergyLibrary search




A Social Cost of Carbon Consistent with a Net-Zero Climate Goal

A Social Cost of Carbon Consistent with a Net-Zero Climate Goal

Full Title: A Social Cost of Carbon Consistent with a Net-Zero Climate Goal
Author(s): Nicholas Stern, Joseph Stiglitz, Kristina Karlsson, Charlotte Taylor
Publisher(s): Roosevelt Institute
Publication Date: January 26, 2022
Full Text: Download Resource
Description (excerpt):

The Biden administration has pledged to put the US on the path to net-zero greenhouse gas emissions by 2050 and to limit warming to well below 2°C in line with the Paris Agreement. In order to meet these goals, it is crucial that the price of carbon used by the federal government to design climate policy is consistent with that pledge.

This publication presents an alternative approach to determining the SCC that takes as given the objectives of the Paris Agreement and the Biden administration’s commitment to the US reaching net-zero emissions by 2050, and derives an SCC necessary to reach those goals.

All statements and/or propositions in discussion prompts are meant exclusively to stimulate discussion and do not represent the views of OurEnergyPolicy.org, its Partners, Topic Directors or Experts, nor of any individual or organization. Comments by and opinions of Expert participants are their own.

Sign up for our Press Release Distribution List

    Your Name (required)

    Your Email (required)

    Please sign me up to receive press releases from OurEnergyPolicy.org.