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Climate change economics

Make carbon pricing a priority

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Estimates of the social cost of carbon vary widely as a function of different ethical parameters. Faced with values ranging from US$10 to US$1,000 per tCO2 and above, some perplexed policymakers have adopted 'target-consistent' carbon pricing instead.

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Authors and Affiliations

  1. Cameron Hepburn is at the Smith School of Enterprise and the Environment, University of Oxford, South Parks Road, Oxford OX1 3QY, UK, and at the Institute for New Economic Thinking, University of Oxford, Walton Well Road, Oxford OX2 6ED, UK, and at the Grantham Research Institute, at the London School of Economics and Political Science, Houghton Street, London WC2A 2AE, UK,

    Cameron Hepburn

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  1. Cameron Hepburn
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Correspondence to Cameron Hepburn.

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Hepburn, C. Make carbon pricing a priority. Nature Clim Change 7, 389–390 (2017). https://doi.org/10.1038/nclimate3302

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