Cost-Benefit Analysis (CBA) is commonly used in assessing public policy. Many costs and benefits – those involving impacts that are not products or services sold in a marketplace – are difficult to measure. These include health and environmental impacts. This webinar for non-economists will examine one of the key elements in a CBA of energy and climate change policy analysis: the social cost of carbon.  

The webinar co-sponsored by the E3 Network, The E.P. Systems Group and the Center for Climate Strategies. examined the issues raised by:
    • The Social Cost of Carbon http://www.e3network.org/papers/SocialCostOfCarbon_SEI_20100401.pdf,)
This brief discussion examines how the US has addressed the cost measurement and the implications for policy choices of the values assigned to carbon costs and benefits.  It sets the valuation used in policy discussions in the context of the social costs of carbon calculated by other industrialized nations and asks what the “correct” number might be for the US.

Here are PDF's from each speaker of the presentation.

Ackerman

Dorman

Johnson

Video of the live session is here: