Table 1.

Value of carbon storage saved while producing 100% more calories

Pure rate of time preference
Value measure0%1%3%
Social cost of carbon, 2012 dollars$221$181$75
Value saved in base scenario, trillions 2012 dollars$1.30$1.06$0.44
  • Values for the social cost of carbon are the mean value for the fitted distribution in Tol (31), adjusted to 2012 US dollars.