Why is estimating the social cost of carbon such an important task for researchers?
What is the social cost of carbon? What can it tell us about the effects of, and the feasibility of policies to cope with, climate change? In this episode of VoxDevTalks, Michael Greenstone tells Tim Phillips about how the process of assigning a value to the cost of emissions, and how that can help us to think clearly about the choices we make.
This episode is a collaboration with BREAD and IGC, who have designed a virtual PhD-level course which provides a comprehensive review of the economic questions relevant to climate change and economics of the environment.