Priority for the worse-off and the social cost of carbon
M. Adler, D. Anthoff, V. Bosetti, G. Garner, K. Keller, and N. Treich
Nature Climate Change (22 May 2017)
DOI: 10.1038/nclimate3298
The social cost of carbon (SCC) is usually calculated by an approach that gives less importance to future generations and does not consider well-being distribution. This study presents an alternative that takes these aspects into account.