Table 2.
VSLY = per capita consumption | VSLY = 2× per capita consumption | VSLY = 4× per capita consumption | VSLY = 8× per capita consumption | VSLY = 16× per capita consumption | |
---|---|---|---|---|---|
DICE baseline emissions scenario | |||||
2020 SCC | $135 | $177 | $258 | $414 | $789 |
Mortality response uncertainty | [−$6, $255] | [−$28, $349] | [−$69, $545] | [−$140, $915] | [−$274, $1621] |
Optimized emissions scenario | |||||
2020 SCC | $91 | $110 | $158 | $221 | $430 |
Mortality response uncertainty | [−$74, $233] | [−$77, $309] | [−$142, $475] | [−$267, $816] | [−$556, $1,333] |
In the primary specification, DICE-EMR projects that the 2020 social cost of carbon is $258 in the baseline emissions scenario and $158 in the optimized emissions scenario. These figures vary with the value of statistical life year (VSLY) estimates.