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DOI | 10.1007/s10584-020-02785-4 |
The ultimate cost of carbon | |
Archer D.; Kite E.; Lusk G. | |
发表日期 | 2020 |
ISSN | 0165-0009 |
起始页码 | 2069 |
结束页码 | 2086 |
卷号 | 162期号:4 |
英文摘要 | We estimate the potential ultimate cost of fossil-fuel carbon to a long-lived human population over a one million–year time scale. We assume that this hypothetical population is technologically stationary and agriculturally based, and estimate climate impacts as fractional decreases in economic activity, potentially amplified by a human population response to a diminished human carrying capacity. Monetary costs are converted to units of present-day dollars by multiplying the future damage fractions by the present-day global world production, and integrated through time with no loss due from time-preference discounting. Ultimate costs of C range from $10k to $750k per ton for various assumptions about the magnitude and longevity of economic impacts, with a best-estimate value of about $100k per ton of C. Most of the uncertainty arises from the economic parameters of the model and, among the geophysical parameters, from the climate sensitivity. We argue that the ultimate cost of carbon is a first approximation of our potential culpability to future generations for our fossil energy use, expressed in units that are relevant to us. © 2020, The Author(s). |
英文关键词 | Carbon cycle; Climate impact; Cost of carbon; Deep future |
语种 | 英语 |
scopus关键词 | Carbon; Climate models; Cost estimating; Economics; Fossil fuels; Uncertainty analysis; Climate sensitivity; Economic activities; Economic impacts; Economic parameters; Future generations; Geophysical parameters; Human population; Time preferences; Cost benefit analysis; carrying capacity; climate effect; economic activity; fossil fuel; longevity; numerical model; uncertainty analysis |
来源期刊 | Climatic Change
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文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/147032 |
作者单位 | Department of the Geophysical Sciences, University of Chicago, Chicago, IL, United States; Department of Philosophy, University of Chicago, Chicago, IL, United States; Lyman Briggs College, Michigan State University, East Lansing, MI, United States |
推荐引用方式 GB/T 7714 | Archer D.,Kite E.,Lusk G.. The ultimate cost of carbon[J],2020,162(4). |
APA | Archer D.,Kite E.,&Lusk G..(2020).The ultimate cost of carbon.Climatic Change,162(4). |
MLA | Archer D.,et al."The ultimate cost of carbon".Climatic Change 162.4(2020). |
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