Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/244477 
Authors: 
Year of Publication: 
2016
Series/Report no.: 
Working Paper No. 3/2012
Publisher: 
Örebro University School of Business, Örebro
Abstract: 
The purpose of this study is to investigate the temporal aspects of the social cost of greenhouse gases (GHGs). I am particularly interested in the interaction between time of emissions, discounting, and type of GHG (where different GHGs have different atmospheric lifetimes). I show graphically how the social costs of GHGs depend on different parameter values and how the global damage potential for methane and sulfur hexafluoride evolves over time. I find that that the calculation period ultimately should be modeled to be consistent with the discount rate and that the "global-warming potential" concept is unsuitable for calculating of the social cost of GHGs other than carbon dioxide.
Subjects: 
Cost benefit analysis
Discount rates
Emissions pricing
Global warming potential
JEL: 
Q54
Document Type: 
Working Paper

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