#33 Dr. Frances Moore – From $130 to $280 per Ton: Rethinking the Social Cost of Carbon
What is the social cost of carbon, and why do estimates vary so widely? In this episode, I speak with professor Frances Moore about her paper synthesizing nearly 150 studies on the social cost of carbon. We discuss how the literature has evolved, why the distribution of estimates has such a long right tail, and why experts often underestimate the average value found across published studies. Fran also explains how the paper combines a large literature review, an expert survey, and a machine-l...