Pnas Science Sessions

Estimating the social cost of carbon

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Synopsis

Reconsidering the social cost of carbon Science Sessions are brief conversations with cutting-edge researchers, National Academy members, and policymakers as they discuss topics relevant to today's scientific community. Learn the behind-the-scenes story of work published in the Proceedings of the National Academy of Sciences (PNAS), plus a broad range of scientific news about discoveries that affect the world around us. In this episode, Frances Moore presents a re-analysis of how the social costs of carbon emissions are quantified. In this episode, we cover: •[00:00] Introduction •[00:50] Climate economist Frances Moore explains the “social cost of carbon.” •[02:21] She describes the background of the study.  •[03:35] She talks about the methods of the study, which included a survey of experts. •[05:18] Moore presents the results, including underestimation of the social cost of carbon. •[07:02] She talks about the policy implications of the study. •[08:35] Moore discusses the caveats and limitations of the st