Social Cost of Carbon: Systems Analysis Perspective & Relevance to Policy Targets

Khabarov, N. ORCID: https://orcid.org/0000-0001-5372-4668, Bednar, J., Smirnov, A. ORCID: https://orcid.org/0000-0003-1765-0782, & Obersteiner, M. ORCID: https://orcid.org/0000-0001-6981-2769 (2022). Social Cost of Carbon: Systems Analysis Perspective & Relevance to Policy Targets. In: Systems Analysis for Reducing Footprints and Enhancing Resilience, 16-17 November, 2022, Vienna, Austria.

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Abstract

From the systems analysis perspective, SCC calculation method in DICE is disintegrating the modeled closed system by introducing exogenous emissions. Similar consideration is valid for other SCC calculation methods, where full system linkages cannot be taken into account.Inside DICE, the concept of SCC is implemented by SMAC and there is no practical need to use SCC, which can lead to a policy failure e.g. when used as a tax.

Item Type: Conference or Workshop Item (Poster)
Research Programs: Advancing Systems Analysis (ASA)
Advancing Systems Analysis (ASA) > Exploratory Modeling of Human-natural Systems (EM)
Biodiversity and Natural Resources (BNR)
Biodiversity and Natural Resources (BNR) > Agriculture, Forestry, and Ecosystem Services (AFE)
Depositing User: Michaela Rossini
Date Deposited: 14 Nov 2022 11:35
Last Modified: 14 Nov 2022 11:35
URI: https://pure.iiasa.ac.at/18371

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