The Albedo Loss from the Melting of the Greenland Ice Sheet and the Social Cost of Carbon
I extend the reduced Greenland ice sheet (GIS) model-module of DICE-GIS (Nordhaus, 2019) by integrating snow-albedo feedback (SAF) and potential tipping of the ice sheet into the resuming DICE-GIS SAF model. This novel model extension allows to quantify the social cost of carbon (SCC) more precisely...
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ftrepec:oai:RePEc:ces:ifowps:_332 2024-04-14T08:12:12+00:00 The Albedo Loss from the Melting of the Greenland Ice Sheet and the Social Cost of Carbon Sandra Gschnaller https://www.ifo.de/DocDL/wp-2020-332-gschnaller-albedo-loss-greenland-ice-sheet-carbon.pdf unknown https://www.ifo.de/DocDL/wp-2020-332-gschnaller-albedo-loss-greenland-ice-sheet-carbon.pdf preprint ftrepec 2024-03-19T10:35:02Z I extend the reduced Greenland ice sheet (GIS) model-module of DICE-GIS (Nordhaus, 2019) by integrating snow-albedo feedback (SAF) and potential tipping of the ice sheet into the resuming DICE-GIS SAF model. This novel model extension allows to quantify the social cost of carbon (SCC) more precisely because the economic damages are not only related to intensified sea level rise, but also an accelerated increase in global temperature. Accounting for the SAF raises the SCC from 274.92 to 319.67 $/tCO2 in 2100, an increase of 16.3%. The temperature increase is the key channel through which the SAF impacts the SCC. Social cost of carbon, climate change, Greenland ice sheet, snow albedo feedback, tipping Report Greenland Ice Sheet RePEc (Research Papers in Economics) Greenland |
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RePEc (Research Papers in Economics) |
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ftrepec |
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description |
I extend the reduced Greenland ice sheet (GIS) model-module of DICE-GIS (Nordhaus, 2019) by integrating snow-albedo feedback (SAF) and potential tipping of the ice sheet into the resuming DICE-GIS SAF model. This novel model extension allows to quantify the social cost of carbon (SCC) more precisely because the economic damages are not only related to intensified sea level rise, but also an accelerated increase in global temperature. Accounting for the SAF raises the SCC from 274.92 to 319.67 $/tCO2 in 2100, an increase of 16.3%. The temperature increase is the key channel through which the SAF impacts the SCC. Social cost of carbon, climate change, Greenland ice sheet, snow albedo feedback, tipping |
format |
Report |
author |
Sandra Gschnaller |
spellingShingle |
Sandra Gschnaller The Albedo Loss from the Melting of the Greenland Ice Sheet and the Social Cost of Carbon |
author_facet |
Sandra Gschnaller |
author_sort |
Sandra Gschnaller |
title |
The Albedo Loss from the Melting of the Greenland Ice Sheet and the Social Cost of Carbon |
title_short |
The Albedo Loss from the Melting of the Greenland Ice Sheet and the Social Cost of Carbon |
title_full |
The Albedo Loss from the Melting of the Greenland Ice Sheet and the Social Cost of Carbon |
title_fullStr |
The Albedo Loss from the Melting of the Greenland Ice Sheet and the Social Cost of Carbon |
title_full_unstemmed |
The Albedo Loss from the Melting of the Greenland Ice Sheet and the Social Cost of Carbon |
title_sort |
albedo loss from the melting of the greenland ice sheet and the social cost of carbon |
url |
https://www.ifo.de/DocDL/wp-2020-332-gschnaller-albedo-loss-greenland-ice-sheet-carbon.pdf |
geographic |
Greenland |
geographic_facet |
Greenland |
genre |
Greenland Ice Sheet |
genre_facet |
Greenland Ice Sheet |
op_relation |
https://www.ifo.de/DocDL/wp-2020-332-gschnaller-albedo-loss-greenland-ice-sheet-carbon.pdf |
_version_ |
1796309966983790592 |