New science of climate change impacts on agriculture implies higher social cost of carbon
22 Nov 2017 | Contributor(s):: Frances C. Moore, Uris Lantz C Baldos, Tom Hertel, Delavane Diaz
Despite substantial advances in climate change impact research in recent years, the scientific basis for damage functions in economic models used to calculate the social cost of carbon (SCC) is either undocumented, difficult to trace, or based on a small number of dated studies. Here we present...