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Philosophy, Politics, and Economics Ser.: Social Cost of Carbon : Ethics and the Limits of Climate Change Economics by J. Paul Kelleher (2025, Hardcover)
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About this product
Product Identifiers
PublisherOxford University Press, Incorporated
ISBN-100197687792
ISBN-139780197687796
eBay Product ID (ePID)23071165305
Product Key Features
Number of Pages280 Pages
Publication NameSocial Cost of Carbon : Ethics and the Limits of Climate Change Economics
LanguageEnglish
Publication Year2025
SubjectEthics & Moral Philosophy, Environmental / General
TypeTextbook
Subject AreaPhilosophy, Technology & Engineering
AuthorJ. Paul Kelleher
SeriesPhilosophy, Politics, and Economics Ser.
FormatHardcover
Dimensions
Item Height1 in
Item Weight0 Oz
Item Length9.3 in
Item Width6.5 in
Additional Product Features
Intended AudienceScholarly & Professional
LCCN2025-004443
TitleLeadingThe
Reviews"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, 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.
Dewey Edition23
IllustratedYes
Dewey Decimal363.73874
Table Of ContentPart I. Economics1: Integrated Assessment and Policy Optimization: A Brief Introduction2: The Social Cost of Carbon in Social Choice Climate Economics3: The Social Cost of Carbon in General Equilibrium Climate EconomicsPart II. Philosophy4: A Foundation for (Discounted) Utilitarian Social Welfare Functions5: Normative Abridgement and Pure Time Discounting6: Distribution7: PopulationPart III. Policy Analysis8: The Social Cost of Carbon in Applied Climate Change Policy Analysis
SynopsisCalled 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 tothe 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 canand should be put to work in real-world climate change policy analysis-providing practical advice for translating the SCC into tangible change., The social cost of carbon (SCC) is a monetary measure of the lasting harm caused by emitting one additional ton of carbon dioxide into the atmosphere. By examining the foundations and limitations of the concept, the book evaluates the role and usefulness of the SCC in climate policy discussions., 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.
LC Classification NumberTD171.75.K44 2025
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