New science of climate change impacts on agriculture implies higher social cost of carbon

Climate change impacts in models used to calculate the social cost of carbon (SCC) are either poorly documented or based on a small number of dated studies. Here, the authors estimate new damages for the agricultural sector and find that updating this sector alone causes the SCC to increase substant...

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Bibliographic Details
Main Authors: Frances C. Moore, Uris Baldos, Thomas Hertel, Delavane Diaz
Format: Article
Language:English
Published: Nature Publishing Group 2017-11-01
Series:Nature Communications
Online Access:https://doi.org/10.1038/s41467-017-01792-x
Description
Summary:Climate change impacts in models used to calculate the social cost of carbon (SCC) are either poorly documented or based on a small number of dated studies. Here, the authors estimate new damages for the agricultural sector and find that updating this sector alone causes the SCC to increase substantially.
ISSN:2041-1723