Listeners:

Top listeners:

00:00 00:00

114 | Michael Greene: Carbon Cowboy or Lone Ranger? Part 1
113 | The Future of Environmental Finance: Strategies for Biodiversity and Climate Solutions, with David Hill and George Kelly
112 | Fantasy Football and Dynamic Baselines: New Tools for Impact Assessment
111 | The False Dichotomy Between Reductions and Removals (Rerun)
110| Ecological Economics, Systems Thinking, and the Limits to Growth
109 | How Brazil's Quilombola Communities are Planting the Seeds of Sustainability for Small Farms Around the World, with Vasco van Roosmalen of ReSeed
108 | The Washington Post’s Head Scratcher of a Carbon Story
107 | Francis Bacon and the Prehistory of Climate Finance. Second in an intermittent series on the Untold Story of the Voluntary Carbon Market
106 | Steve Discusses the "Tribes of the Climate Realm" on the Smarter Markets Podcast
105 | The Role of Carbon Credits in Conservation: A Case Study from Guatemala

003 Putting a Price on Carbon / Part Two: What we Don’t Know Could Kill Us

Episode May 10, 2016

PLAY EPISODE

The US government estimates that every ton of carbon dioxide emitted into the atmosphere generates at least $40 in damages by contributing to climate change, but the Swedish government says the figure is closer to 100 euros, and it charges a tax to reflect that. Our guest, Gernot Wagner, says both figures are way too low. Today, he explains how economists blend climate science with financial accounting to come up with a price on carbon.

Plus: What’s more effective — cap-and-trade, or a carbon tax? We offer a primer on that debate.