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The Temporal Aspects of the Social Cost of Greenhouse Gases
Örebro University, Örebro University School of Business. The Swedish National Road and Transport Research Institute (VTI).
2016 (English)Report (Other academic)
Abstract [en]

The purpose of this study is to investigate the temporal aspects of the social cost of greenhouse gases (GHGs). I am particularly interested in the interaction between time of emissions, discounting, and type of GHG (where different GHGs have different atmospheric lifetimes). I show graphically how the social costs of GHGs depend on different parameter values and how the global damage potential for methane and sulfur hexafluoride evolves over time. I find that that the calculation period ultimately should be modeled to be consistent with the discount rate and that the "global-warming potential" concept is unsuitable for calculating of the social cost of GHGs other than carbon dioxide.

Place, publisher, year, edition, pages
Örebro: Örebro University , 2016. , 13 p.
Series
Working Papers, School of Business, ISSN 1403-0586 ; 3/2012
Keyword [en]
Cost-benefit analysis; Discount rates; Emissions pricing; Global warming potential potential
National Category
Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:oru:diva-50475OAI: oai:DiVA.org:oru-50475DiVA: diva2:931603
Note

Revised February 2016

Available from: 2016-05-30 Created: 2016-05-30 Last updated: 2017-10-17Bibliographically approved

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CiteExportLink to record
Permanent link

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Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf