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The Social Value of Temporary Carbon Removals and Delayed Emissions

카테고리
국외자료
개인저자
Ben Groom, Frank Venmans
발행기관
NBER
발행년월
2024.07
페이지수
30p
URL
요약
An economic approach to calculating the Social Value of Temporary Reductions (SVTR) in atmospheric carbon is discussed. The SVTR allows different carbon removals projects to be prioritised in a way that maximises welfare and establishes equivalence between temporary, risky removals with permanent ones in terms of avoided welfare losses from climate damages.