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by adrianN
1891 days ago
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The German government (the Umweltbundesamt) recommends between 195€/ton and 680€/ton in 2020, depending on the discounting function, with costs increasing to 250-765€/ton in 2050 [1]. The error bars on these estimates are terribly large because we don't know the CO2 sensitivity very precisely and we also disagree on which discounting function we should use to value damage in the future. Imo, tying the price of carbon to the price of atmospheric carbon removal is the most reasonable thing to do. [1] https://www.umweltbundesamt.de/sites/default/files/medien/14... |
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