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New Paper in Science Reinforces the Value of Using the Social Cost of Carbon (SCC) for Evaluating Climate Policy Options

August 19, 2021


Essay co-authored by HEEP faculty affiliates Joseph Aldy, and Robert Stavins, and FAS Professor James Stock

Four prominent environmental economists present their case against a recent push to change the standard measure for determining the benefits of climate policies in a new paper published in the journal Science. The article, titled “Keep climate policy focused on the social cost of carbon,” posits that the social cost of carbon (SCC) remains the most objective, credible, and holistic tool...

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Valerie Karplus

Assessing China's National Carbon Market: An HPCA Conversation with Valerie Karplus, Carnegie Mellon University

July 23, 2021

Author: Doug Gavel

China recently launched the world’s largest emissions trading market, but it is just one component of the nation’s ambitious efforts to curb the rise in greenhouse gas emissions (GHGs). That was the message delivered on Thursday (July 22) by Carnegie Mellon University Associate Professor Valerie Karplus during a...

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