Misapplication of Conventional Economic Analysis to Climate Change From the Post-normal Science Perspective: The “Social Cost of Carbon” Myth

Misapplication of Conventional Economic Analysis to Climate Change From the Post-normal Science Perspective: The “Social Cost of Carbon” Myth

A critical reflection over the latest comprehensive reporting efforts of the Intergovernmental Panel on Climate Change (IPCC) suggests that applications of cost-benefit analysis (CBA) to climate change, acts which importantly include the monetary calculation of the social cost of carbon (SCC), do no...

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Bibliographic Details
Main Authors: Kozo Mayumi, Ansel Renner
Format: Article
Language:English
Published: Frontiers Media S.A. 2022-06-01
Series:Frontiers in Climate
Subjects:
economic scarcity
discount rate
resource substitution
cost-benefit analysis
climate change
net primary productivity (NPP)
Online Access:https://www.frontiersin.org/articles/10.3389/fclim.2022.865514/full

Internet

https://www.frontiersin.org/articles/10.3389/fclim.2022.865514/full

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