Ethics and the Social Cost of Carbon

On Oct. 3 2019 I gave a talk in the Weston Roundtable series here at UW-Madison on the interface between ethics and the social cost of carbon (SCC). You can watch it here.

At the end the talk, just before the Q&A, I self-deprecatingly said that while I am highly skeptical about the policy-relevance of any SCC value, you’d have to ask someone “who knows more than I do” about alternatives. Perhaps I should have just put my cards on the table and said that, actually, my own preferred alternative is the “near-term to net zero” approach that Noah Kaufman, Alex Barron and Haewon McJeon are developing. You can hear Noah talking about that here.

Apologies for the few times early on when I mix up my words, e.g. saying “y-axis” when I mean “x-axis” and “costs” when I mean “benefits” (and vice versa).