Extended Data Table 1 Mean SC-CO2 values (with 5th–95th quantile ranges), by damage function and discount rate ($ per tCO2)

From: Comprehensive evidence implies a higher social cost of CO2

  1. Our preferred estimates correspond to the GIVE sectoral damage functions at a 2% near-term discount rate, shown in bold. All results use the RFF-SP scenarios, a stochastic growth-linked discounting framework, and sample uncertain climate, sea level, and damage function parameters, including for DICE-2016R and Howard & Sterner33 damage functions. The DICE-2016R damage function is based on Nordhaus 2016 (see page 2 of that work’s supporting information)32. The Howard & Sterner damage function is based on the base coefficient in their table 2, specification (8). All SC-CO2 values are expressed in 2020 US dollars per metric tonne of CO2.
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