Michael Greenstone, EPIC Director, says the formula for the social cost of carbon should be broadened to take into account damage done to vulnerable and overburdened communities that are likely...
EPIC's Michael Greenstone and University of California, Santa Barbara's Tamma Carleton, both quoted by Juliet Eilperin, released their recommendations for updating the social cost of carbon back in January.
EPIC Director Michael Greenstone who focused on climate change during the Obama administration, thought Biden should settle on interim values twice as high, at around $100 per ton.
A working paper outlining steps to update the U.S. government's social cost of carbon by EPIC Director Michael Greenstone is featured in Inside Climate News.
"Step Two is restore a transparent process and to return the social cost of carbon to the frontier of climate science and economics," said EPIC Director Michael Greenstone in response...
The administration is expected to temporarily increase the social cost of carbon, at least to the level set by Obama. Research from Michael Greenstone and Tamma Carleton shows it should...