Journal Article
Abstract
211 estimates of the social cost of carbon are included in a meta-analysis. The results confirm that a lower discount rate implies a higher estimate; and that higher estimates are found in the gray literature. It is also found that there is a downward trend in the economic impact estimates of the climate; that the Stern Review’s estimates of the social cost of carbon is an outlier; and that the right tail of the distribution is fat. There is a fair chance that the annual climate liability exceeds the annual income of many people.
Data Set
Data sets for articles published in "Economics" are available at Dataverse. Please have a look at our repository.
The data set for this article can be found at: http://hdl.handle.net/1902.1/13723

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