Research on Capitol Hill
 

College

Jon M. Huntsman School of Business

Faculty Mentor

Chris Fawson

Abstract

The social cost of carbon (SCC) is defined as the monetized social (externality) cost of a metric ton of CO2 emitted into the atmosphere in a given year. Economist Michael Greenstone called it “The most important figure you’ve never heard of.”

Since 2009, the SCC has been a major factor in $1.2 trillion of legislation. No carbon tax exists in the U.S., but many private and public companies have started using internal carbon pricing in decision making.

The Carbon Disclosure Project (CDP) has capitalized on this trend by creating a central depository for emissions reporting and sustainability. This was the resource for our data analysis.

Our research primarily uses the CDP and company sustainability reports to analyze the motives for carbon pricing in companies, the types of pricing used and the accuracy of carbon pricing evaluations.

Document Type

Poster

Publication Date

2018

Included in

Business Commons

Share

COinS
 
 

To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.