It is also broadly recognized that addressing the problem requires putting a price on the emission of carbon dioxide, and perhaps also on emission of other greenhouse gases. The price might be implemented as a tax on emissions, or in the form of tradable emission permits, or (indirectly) in the form of direct regulation of emissions (the cost of which often needs to be justified in terms of the cost of damages avoided). A central challenge of figuring the Social Cost of Carbon is that the price put on emissions is almost invariably a monetary cost, whereas the “cost” of damages caused by emissions often cannot be measured adequately in terms of the monetary value of market activities.

The process of figuring a Social Cost of Carbon requires a sound understanding of the nature of the environmental changes brought about by greenhouse gas emissions, and of their impacts. It also requires development of methodologies for translating knowledge of such impact into a price to be charged for emissions. This symposium brings together a number of world leaders doing research on key areas of this problem, approaching it from the standpoint of the social, biological and physical sciences.
 

Convener:

  • Raymond T. Pierrehumbert
    • Kung Carl XVI Gustaf Visiting Chair in Environmental Sciences

Time:

  • Monday 25 May, 9:00–19:00
  • Tuesday 26 May, 9:00–18:00
  • Wednesday 27 May, 9:00–17:30
    • The programme for Wednesday includes the Bolin Centre Science Seminar 10:30–11:30 and the Bert Bolin Climate Lecture 14–15 given by Ulrike Lohmann, ETH Zurich

Place:

  • De Geersalen, Geoscience building, Stockholm University

Practicalities:

  • Register to susanna.berglund@misu.su.se with the subject “Stockholm SCC”, preferably by 15 May
  • Student/Postdoc presentations (15 minutes) are welcome.
  • This event is open to the public so please spread the word