Strategically Estimating Climate Pollution Costs in a Global Environment

Debate has reemerged about whether federal agencies’ policy analyses should focus on climate pollution costs that will occur only within U.S. borders, rather than on the full global valuation of climate damages. We encourage the Working Group to focus on global estimates—but also provide robust domestic-only valuations as a backstop for future estimates of climate costs.

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