Priority for the worse-off and the social cost of carbon
M. Adler, D. Anthoff, V. Bosetti, G. Garner, K. Keller, and N. Treich
Nature Climate Change (22 May 2017)
The social cost of carbon (SCC) is usually calculated by an approach that gives less importance to future generations and does not consider well-being distribution. This study presents an alternative that takes these aspects into account.