About Time: Recalibrating the Discount Rate for the Social Cost of Greenhouse Gases

Nearly two decades have passed since the federal government holistically reviewed its broader choice of discount rates for analyzing agency actions. We highlight the new data and literature that strongly point toward the need for lower discount rates, and recommend a declining discount rate schedule that would achieve a more consistent approach.

← Strategically Estimating Climate Pollution Costs in a Global Environment

Expert Elicitation and the Social Cost of Greenhouse Gases →