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From the standpoint of industry, putting a price on carbon is preferable to strict new government regulation of emissions, says EPIC Director Michael Greenstone.

EPIC Director Michael Greenstone, a champion of the social cost of carbon, says it can also be regarded as “the benefit, in money terms, of reducing carbon emissions.”

EPIC researchers recently made an argument for the social cost of carbon to land at $125 per ton.

Michael Greenstone, one of the minds behind the social cost of carbon, has climate policy insights for the Biden administration.

Michael Greenstone, EPIC Director, and Tamma Carleton of the University of California, Santa Barbara, propose updates to the Obama administration's social cost of carbon formula.

Michael Greenstone, EPIC Director, said reverting to the Obama-era calculations would yield a social cost of carbon of $125 per ton, assuming it took into account lower interest rates in...

A new working paper published in the Social Science Research Network suggests the Biden administration should place a far higher price on the cost of climate impacts than the government...

New analysis recommends a two-step approach for the Biden administration to immediately update the social cost of carbon.