The Social Cost of Carbon: Trends, Outliers and Catastrophes [Dataset]

The results confirm that a lower discount rate implies a higher estimate; and that higher estimates are found in the gray literature. It is also found that there is a downward trend in the economic impact estimates of the climate; that the Stern Review’s estimates of the social cost of carbon is an outlier; and that the right tail of the distribution is fat.

There is a fair chance that the annual climate liability exceeds the annual income of many people.