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  • The Marginal Damage Costs of Different Greenhouse Gases: An Application of FUND 

    Anthoff, David; Rose, Steven K.; Waldhoff, Stephanie; TOL, RICHARD S. J. (ESRI, 2011)
    We use FUND 3.5 to estimate the social cost of carbon dioxide, methane, nitrous oxide, and sulphur hexafluoride emissions. We show the results of a range of sensitivity analyses, focusing on the impact of carbon dioxide ...
  • Regional and Sectoral Estimates of the Social Cost of Carbon: An Application of FUND 

    Anthoff, David; Rose, Steven K.; Waldhoff, Stephanie; TOL, RICHARD S. J. (ESRI, 2011)
    The social cost of carbon is an estimate of the benefit of reducing CO2 emissions by one ton today. As such it is a key input into cost-benefit analysis of climate policy and regulation. We provide a set of new estimates ...
  • The Social Cost of Carbon 

    TOL, RICHARD S. J. (ESRI, 28/02/2011)
    This paper surveys the literature on the economic impact of climate change. Different methods have been used to estimate the impact of climate change on human welfare. Studies agree that there are positive and negative ...
  • The Uncertainty about the Total Economic Impact of Climate Change 

    TOL, RICHARD S. J. (ESRI, 14/04/2011)
    This paper uses a vote-counting procedure to estimate the probability density function of the total economic impact as a parabolic function of global warming. There is a wide range of uncertainty about the impact of climate ...