Table 1.

Value of carbon storage saved while producing 100% more calories

 Pure rate of time preference Value measure 0% 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.