Tag Archives for " social cost of carbon "

Houston, We Could Have a (Carbon Pricing) Problem!

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With the election of Donald Trump, what will happen to carbon prices (or, more accurately, what will happen to the prospect of robust carbon pricing?) Expectations of future carbon prices are potentially important to all sorts of energy (and other) decision-making, which explains why so many decision-makers are interested in carbon price forecasts. Many electric […]

A Back Door National Price on Carbon?

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Minnesota recently engaged in an administrative proceeding to update its externality values for power sector planning. The proceeding quickly turned into a contested decision-making as to whether the state should adopt the federal Social Cost of Carbon (SCC), currently set at ~$41/ton CO2 (2015 dollars). Peabody Coal and others decided to use the proceeding to […]

2015 – A Pivotal Year for the Social Cost of Carbon?

This past July, in High Country Conservation Advocates v US Forest Service, U.S. Colorado District Court Judge R. Brooke Jackson ruled against issuance of a coal lease exploration permit, concluding that the federal government did not consider the social cost of carbon (SCC) in the final environmental impact statement (EIS). The ruling was heralded as […]

Pricing Carbon: Realistic Option for Moving Forward, or Just Another Pipe Dream?

It is becoming increasingly accepted that we must put a price on carbon if we are to make progress on climate change. There are many ways in which carbon can be priced, including a pre-determined carbon tax, perhaps based on the social cost of carbon; prices can also be set by using an emissions-trading or […]