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Planned Edits for CBE195 CCS

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In "Carbon tax" page under "United States" tab

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  • Internal Price on Carbon:

We will talk about the internal price of carbon used by companies in the United States. Companies in the United States use their own cost of carbon to anticipate future government regulations which may levy an internal price of carbon on their business while planning their operations.

  • Timeline of how social cost of carbon is being implemented in the United States.

In "Carbon tax: page under "Social cost of Carbon" tab

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  • Dynamic Integrated Climate Economy Model (DICE)

https://wiki.riteme.site/wiki/DICE_model

  • We hope to connect the DICE model and its implications to how countries set the social cost of carbon

In "Economics of Climate Change Mitigation" page under "Discount rates" tab

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  • Elaborate more on what a high and low discount rate entails.
  • Effect on current and future generations, and assumptions made to support a high or low discount rate.

Bibliography

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https://www.cdp.net/en/campaigns/commit-to-action/price-on-carbon
https://www.scientificamerican.com/article/will-trumps-climate-team-accept-any-social-cost-of-carbon/
https://www.epa.gov/climatechange/social-cost-carbon
http://www.pnas.org/content/114/7/1518.full
https://www.carbonbrief.org/qa-social-cost-carbon
https://www.brookings.edu/testimonies/the-social-costs-of-carbon/
http://grist.org/article/discount-rates-a-boring-thing-you-should-know-about-with-otters