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The Social Cost of Carbon: Ethics and the Limits of Climate Change Economics (Philosophy, Politics, and Economics)

Description:

Called the "the most important number you've never heard of" by leading environmental economists, the social cost of carbon (SCC) aims to capture in a precise number the harm caused by emitting a single ton of carbon dioxide into the atmosphere. In The Social Cost of Carbon, J. Paul Kelleher offers a systematic analysis of the social cost of carbon, its theoretical basis, and its proper role in climate economics and climate policy design.

The book explains that the SCC is not one concept but four, each of which is addressed to a distinct task in climate economics. Moreover, these concepts can be sorted into two families that correspond to the two branches of welfare economics, social choice theory and general equilibrium theory. Kelleher draws on these radically different theoretical frameworks to explain how a mathematically identical pair of SCC concepts can emerge from each. He then argues that the analytical power of each SCC concept is limited by its inability to fully capture the ethical considerations that bear on responsible climate policy.

The book concludes by explaining how some SCC concepts can and should be put to work in real-world climate change policy analysis-providing practical advice for translating the SCC into tangible change.

Editorial Reviews

Review

"Intended as a work accessible to nonphilosophers, this volume may be most useful to economists and graduate students who wish to confront the normative limitations implicit in policy recommendations." -- J. Booker, Choice

About the Author

J. Paul Kelleher is Associate Professor of Bioethics and Philosophy at the University of Wisconsin-Madison, where he is affiliated with the Energy Analysis and Policy program and the Nelson Institute for Environmental Studies. His work focuses on ethical and philosophical issues concerning public policy, especially climate change policy and health policy.

Details:

The Social Cost of Carbon: Ethics and the Limits of Climate Change Economics (Philosophy, Politics, and Economics)

Product ID: U0197687792
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More from this brand

Similar items from “Environmental Policy”

The Social Cost of Carbon: Ethics and the Limits of Climate Change Economics (Philosophy, Politics, and Economics)

Product ID: U0197687792
The Social Cost of Carbon: Ethics and the Limits of Climate Change Economics (Philosophy, Politics, and Economics)-0
|

Returns & Warranty policies

Imported From: United States

At BOLO, we work hard to ensure the products you receive are new, genuine, and sourced from reputable suppliers.

Every product in the BOLO catalogue is sourced through our Verified Global Supply Network of verified sellers, authorized distributors or directly from the manufacturer.

Each product undergoes thorough inspection and verification at our consolidation and fulfilment centers to ensure it meets our strict authenticity and quality standards before being shipped and delivered to you.

If you ever have concerns regarding the authenticity of a product purchased from us, please contact Bolo Support. We will review your inquiry promptly and, if necessary, provide documentation verifying authenticity or offer a suitable resolution.

Your trust is our top priority, and we are committed to maintaining transparency and integrity in every transaction.

While we strive to display accurate information, variations in packaging, labeling, instructions, or formulation may occasionally occur due to regional differences or supplier updates. For detailed or manufacturer-specific information, please contact the brand directly or reach out to BOLO Support for assistance.

Unless otherwise stated, all prices displayed on the product page include applicable taxes and import duties.

BOLO operates in accordance with the laws and regulations of United Arab Emirates. Any items found to be restricted or prohibited for sale within the United Arab Emirates will be cancelled prior to shipment. We take proactive measures to ensure that only products permitted for sale in United Arab Emirates are listed on our website.

All items are shipped by air, and any products classified as “Dangerous Goods (DG)” under IATA regulations will be removed from the order and cancelled.

All orders are processed manually, and we make every effort to process them promptly once confirmed. Products cancelled due to the above reasons will be permanently removed from listings across the website.

Description:

Called the "the most important number you've never heard of" by leading environmental economists, the social cost of carbon (SCC) aims to capture in a precise number the harm caused by emitting a single ton of carbon dioxide into the atmosphere. In The Social Cost of Carbon, J. Paul Kelleher offers a systematic analysis of the social cost of carbon, its theoretical basis, and its proper role in climate economics and climate policy design.

The book explains that the SCC is not one concept but four, each of which is addressed to a distinct task in climate economics. Moreover, these concepts can be sorted into two families that correspond to the two branches of welfare economics, social choice theory and general equilibrium theory. Kelleher draws on these radically different theoretical frameworks to explain how a mathematically identical pair of SCC concepts can emerge from each. He then argues that the analytical power of each SCC concept is limited by its inability to fully capture the ethical considerations that bear on responsible climate policy.

The book concludes by explaining how some SCC concepts can and should be put to work in real-world climate change policy analysis-providing practical advice for translating the SCC into tangible change.

Editorial Reviews

Review

"Intended as a work accessible to nonphilosophers, this volume may be most useful to economists and graduate students who wish to confront the normative limitations implicit in policy recommendations." -- J. Booker, Choice

About the Author

J. Paul Kelleher is Associate Professor of Bioethics and Philosophy at the University of Wisconsin-Madison, where he is affiliated with the Energy Analysis and Policy program and the Nelson Institute for Environmental Studies. His work focuses on ethical and philosophical issues concerning public policy, especially climate change policy and health policy.

Details:

More from this brand

Similar items from “Environmental Policy”