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The fallacious "Social Cost of Carbon" with David Kreutzer

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Manage episode 286624238 series 30857
Content provided by Alex Epstein. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Alex Epstein or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The Biden Administration has just announced $51/ton "Social Cost of Carbon." On this week's Power Hour, Alex Epstein interviews David Kreutzer, Senior Economist at the Institute for Energy Research, about the many methodological and moral problems with this metric, including:
- How the SCC overestimates negative climate impacts
- How the SCC underestimates positive climate impacts
- How the SCC underestimates adaptation
- How the SCC ignores the unique cost-effectiveness of fossil fuels
- How the SCC is radically changed by arbitrary decisions about its "discount rate"

  continue reading

344 episodes

Artwork
iconShare
 
Manage episode 286624238 series 30857
Content provided by Alex Epstein. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Alex Epstein or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The Biden Administration has just announced $51/ton "Social Cost of Carbon." On this week's Power Hour, Alex Epstein interviews David Kreutzer, Senior Economist at the Institute for Energy Research, about the many methodological and moral problems with this metric, including:
- How the SCC overestimates negative climate impacts
- How the SCC underestimates positive climate impacts
- How the SCC underestimates adaptation
- How the SCC ignores the unique cost-effectiveness of fossil fuels
- How the SCC is radically changed by arbitrary decisions about its "discount rate"

  continue reading

344 episodes

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