The Collectivity and the Social Value of Carbon: Issues Concerning a Shadow Value for Carbon

Baumstark, Luc

The Collectivity and the Social Value of Carbon: Issues Concerning a Shadow Value for Carbon - 2011.


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Over the past ten years, the French public administration has been conducting studies with a view to improving cost-benefit analysis and thereby integrate environmental dimensions into its appraisals and assessments. This paper describes the process of producing a system of references for public policy. It focuses on the collective value of CO2 and highlights the most important characteristics of this process and related issues for public policy.

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