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Project Information

Project Information


Assessing Approaches to Updating the Social Cost of Carbon


Project Scope:

An ad hoc multi-disciplinary committee will be appointed to inform future revisions to estimates of the social cost of carbon (SCC) developed and used by the federal government.   The committee will examine the merits and challenges of potential approaches for both a near-term limited update and longer-term comprehensive updates to ensure that the SCC estimates continue to reflect the best available science and methods.   The study will be conducted in two phases and will result in two reports.

Phase 1.  In phase 1, the committee will assess the technical merits and challenges of a narrowly focused  update to the SCC estimates and make a recommendation on whether to conduct an update of the SCC estimates prior to recommendations related to a more comprehensive update based on its review of the science related to the topics covered in the second phase. Specifically, the committee will consider whether an update is warranted based on the following:

  • Updating the probability distribution for the equilibrium climate sensitivity (ECS )to reflect the recent consensus statement in the Fifth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC), rather than the current calibration used in the SCC estimates, which were based on the most authoritative scientific consensus statement available at the time (the 2007 Fourth IPCC Assessment).
  • Recalibrating the distributional forms for the ECS by methods other than the currently-used Roe and Baker (2007) distribution. 
  • Enhancing the qualitative characterization of uncertainties associated with the current SCC estimates in the short-term to increase the transparency associated with using these estimate in regulatory impact analyses.  Noting that as part of a potential comprehensive update Part 2 of the charge requests information regarding the opportunity for a more comprehensive, and possibly more formal or quantitative, treatment of uncertainty.

The phase 1 report will be an interim letter report to be completed in 6 months.

Phase 2.   In phase 2, which represents the bulk of the statement of task, the Committee will examine potential approaches, along with their relative merits and challenges, for a more comprehensive update to the SCC estimates to ensure the estimates continue to reflect the best available science. The Committee will be asked to consider issues related to:

  • an assessment of the available science and how it would impact the choice of integrated assessment models and damage functions;
  • climate science modeling assumptions;
  • socio-economic and emissions scenarios;
  • presentation of uncertainty; and
  • discounting.

Within these areas, the Committee will make recommendations on potential approaches that warrant consideration in future updates of the SCC estimates, as well as research recommendations based on their review that would advance the science in areas that are particularly useful for estimating the SCC.

 

Status: Completed

PIN: DBASSE-BECS-15-02

Project Duration (months): 24 month(s)

RSO: Heimberg, Jennifer

Topic(s):

Behavioral and Social Sciences
Energy and Energy Conservation



Geographic Focus:
North America

Committee Membership

Committee Post Date: 10/23/2015

Maureen L. Cropper - (Co-Chair)
University of Maryland, College Park

MAUREEN L. CROPPER (NAS) is a Distinguished University Professor and Chair of the Department of Economics at the University of Maryland. She received a B.A. in economics from Bryn Mawr College (summa cum laude, 1969) and a Ph.D. in economics from Cornell University (1973). She is a Senior Fellow at Resources for the Future and a former Lead Economist at the World Bank. Dr. Cropper has served as chair of the EPA Science Advisory Board Environmental Economics Advisory Committee and as past president of the Association of Environmental and Resource Economists. She is a member of the National Academy of Sciences and a Research Associate of the National Bureau of Economic Research. Her research has focused on valuing environmental amenities (especially environmental health effects), on the discounting of future health benefits, and on the tradeoffs implicit in environmental regulations. Her current research focuses on energy efficiency in India, on the impact of climate change on migration, and on the benefits of collective action in pandemic flu control.
Richard G. Newell - (Co-Chair)


RICHARD G. NEWELL is the President and CEO of Resources for the Future (RFF), an independent nonprofit that improves environmental, energy, and natural resource decisionmaking through rigorous economic research and analysis. He has held senior government appointments as the administrator of the US Energy Information Administration and as the senior economist for energy and environment on the President’s Council of Economic Advisers. Dr. Newell is an adjunct professor at Duke University, where he was previously the Gendell Professor of Energy and Environmental Economics and Founding Director of its Energy Initiative. He has published widely on the economics of markets and policies for energy and the environment, including issues surrounding global climate change, energy efficiency, and energy innovation. He is a research associate of the National Bureau of Economic Research and a member of the National Petroleum Council, advisory boards of the National Academy of Sciences, and several other institutions. Dr. Newell holds a PhD from Harvard University and an MPA from Princeton's Woodrow Wilson School of Public and International Affairs.
Myles Allen
University of Oxford

MYLES ALLEN is Professor of Geosystem Science in the Environmental Change Institute, School of Geography and the Environment and Department of Physics, University of Oxford, and co-Director of the Oxford Martin Programme on Resource Stewardship. His research focuses on how human and natural influences on climate contribute to observed climate change and risks of extreme weather and in quantifying their implications for long-range climate forecasts. He has served on the Intergovernmental Panel on Climate Change 3rd, 4th and 5th Assessments, most recently on the IPCC Synthesis Report Core Writing Team in 2014. Key research contributions include developing the statistical methods used to quantify the size of human influence on climate; the application of Probabilistic Event Attribution to quantify the contribution of human influence to specific individual weather events; and the observation that cumulative emissions of carbon dioxide largely determine global mean surface warming, which implies that a substantial fraction of current fossil carbon reserves cannot be emitted into the atmosphere if warming greater than 2oC is to be avoided. Allen leads the climateprediction.net project, using distributed computing to run the world’s largest ensemble climate modelling experiments, and in 2010 was awarded the Appleton Medal and Prize from the Institute of Physics “for his important contributions to the detection and attribution of human influence on climate and quantifying uncertainty in climate predictions." He received his Doctorate in physics from the University of Oxford.
Maximilian Auffhammer
University of California, Berkeley

MAXIMILIAN AUFFHAMMER is the George Pardee Jr. Professor of International Sustainable Development and Associate Dean of Interdisciplinary Studies at UC Berkeley. He joined the faculty at UC Berkeley in 2003. His research focuses on environmental and resource economics, energy economics and applied econometrics. He is a Research Associate at the National Bureau of Economic Research in the Energy and Environmental Economics group, a Humboldt Fellow, and a lead author for the Intergovernmental Panel on Climate Change (IPCC). Professor Auffhammer serves as Co-Editor of the Journal of the Association of Environmental and Resource Economists. His research has appeared in The American Economic Review, the Review of Economic Studies, The Review of Economics and Statistics, The Economic Journal, the Proceedings of the National Academies of Sciences, the Journal of Environmental Economics and Management, The Energy Journal and other academic journals. Professor Auffhammer is the recipient of the 2007 Cozzarelli Prize awarded by the National Academies of Sciences, the 2009 Campus Distinguished Teaching Award and the 2007 Sarlo Distinguished Mentoring Award. Professor Auffhammer received his B.S. in environmental science from the University of Massachusetts at Amherst in 1996, a M.S. in environmental and resource economics at the same institution in 1998 and a Ph.D. in economics from UC San Diego in 2003.
Chris E. Forest
Pennsylvania State University

CHRIS E. FOREST is Associate Professor of Climate Dynamics, Earth and Environmental Systems Institute Associate, and Associate Director for Network for Sustainable Climate Risk Management (SCRiM) at Pennsylvania State University. He joined the faculty in the Department of Meteorology at The Pennsylvania State University in 2008 after 12 years as a Research Scientist at MIT working in the Joint Program on the Science and Policy of Global Change. He served as a Lead Author on the Climate Change Science Program SAP1.1 Report examining the estimates of temperature trends in the atmospheric and surface climate data and contributed to the IPCC AR4 Working Group 1 Chapter 11. He was an IPCC AR5 Lead Author on Chapter 9, "Evaluation of Climate Models" in Working Group 1. Dr. Forest was elected to serve on the Electorate Nominating Committee (ENC) through February 2018 for the Atmospheric and Hydrospheric Sciences Section of the American Association for the Advancement of Science (AAAS). Dr. Forest graduated from the University of Wisconsin-Madison in 1990 with a B.S. in Applied Math, Engineering, and Physics and from the Massachusetts Institute of Technology in 1996 with a Ph.D. in Meteorology.
Inez Y. Fung
University of California, Berkeley

INEZ Y. FUNG (NAS) is a professor of atmospheric sciences at the University of California, Berkeley. She studies the interactions between climate change and biogeochemical cycles, particularly the processes that maintain and alter the composition of the atmosphere. Her research emphasis is on using atmospheric transport models and a coupled carbon-climate model to examine how CO2 sources and sinks are changing. She is also a member of the science team for NASA's Orbiting Carbon Observatory. Dr. Fung is a recipient of the American Geophysical Union's Roger Revelle Medal, and appears in a new NAS biography series for middle-school readers, Women's Adventure in Science. She is a fellow of the American Meteorological Society and the American Geophysical Union, as well as a member of the National Academy of Sciences, the American Academy of Arts and Sciences, and the American Philosophical Society. She received her B.S. in applied mathematics and her Ph.D. in meteorology from MIT.
James K. Hammitt
Harvard School of Public Health

JAMES HAMMITT is Professor of Economics and Decision Sciences at the Harvard T.H. Chan School of Public Health, Director of the Harvard Center for Risk Analysis, and an affiliate of the Toulouse School of Economics. Professor Hammitt’s research concerns the development and application of quantitative methods—including benefit-cost, decision, and risk analysis—to health and environmental policy. Topics include management of long-term environmental issues with important scientific uncertainties, such as global climate change and stratospheric-ozone depletion, evaluation of ancillary benefits and countervailing risks associated with risk-control measures, and characterization of social preferences over health and environmental risks using revealed-preference, stated-preference, and health-utility methods. He received his Ph.D. in public policy from Harvard University.
Henry D. Jacoby
Massachusetts Institute of Technology

HENRY D. JACOBY is the William F. Pounds Professor of Management (Emeritus) in the M.I.T. Sloan School of Management and former Co-Director of the M.I.T. Joint Program on the Science and Policy of Global Change, which is focused on the integration of the natural and social sciences and policy analysis in application to the threat of global climate change. An undergraduate mechanical engineer at the University of Texas at Austin, he holds a Ph.D. in Economics from Harvard University where he also served on the faculties of the Department of Economics and the Kennedy School of Government. He has been Director of the Harvard Environmental Systems Program, Director of the MIT Center for Energy and Environmental Policy Research, Associate Director of the MIT Energy Laboratory, and Chair of the MIT Faculty. He currently serves on a U.S. National Academies Committee to Advise the U.S. Global Change Research Program.
Robert Kopp
Rutgers University

ROBERT KOPP is an Earth system scientist and climate/energy policy expert. He serves at Rutgers University as an associate professor in the Department of Earth & Planetary Sciences and as Associate Director of the Rutgers Energy Institute. He is also a member of the Rutgers Institute of Earth, Ocean, and Atmospheric Sciences and the Rutgers Climate Institute, and is affiliated with graduate programs in Atmospheric Sciences, Geological Sciences, Oceanography, Statistics, and Planning and Public Policy. His research focuses on understanding uncertainty in past and future climate change, with major emphases on sea-level change and on the interactions between physical climate change and the economy. He is a lead author of Economic Risks of Climate Change: An American Prospectus (Columbia University Press) and served as the lead scientist for the the technical analysis underlying the Risky Business Project. He also served on the Maryland Climate Change Commission’s sea-level rise expert group and was a contributing author to both Working Groups 1 and 2 of the Intergovernmental Panel on Climate Change’s Fifth Assessment Report. Prior to joining the Rutgers faculty, he served as an AAAS Science & Technology Policy Fellow in the U.S. Department of Energy’s Office of Policy & International Affairs and as a Science, Technology & Environmental Policy postdoctoral research fellow at Princeton University. He is a Leopold Leadership Fellow and a recipient of the International Union for Quaternary Research (INQUA)’s Sir Nicholas Shackleton Medal and the American Geophysical Union’s William Gilbert Medal. He received his Ph.D. in geobiology from Caltech and his undergraduate degree in geophysical sciences from the University of Chicago.
William Pizer
Duke University

WILLIAM PIZER is Professor at Duke University, in the Sanford School of Public Policy. His current research examines how public policies to promote clean energy can effectively leverage private sector investments, how environmental regulation and climate policy can affect production costs and competitiveness, and how the design of market-based environmental policies can be improved. From 2008 until 2011, he was Deputy Assistant Secretary for Environment and Energy at the U.S. Department of the Treasury, overseeing Treasury’s role in the domestic and international environment and energy agenda of the United States. Prior to that, he was a researcher at Resources for the Future for more than a decade. He has written more than two dozen peer-reviewed publications, books, and articles, and holds a Ph.D. and Master's degree in economics from Harvard University and Bachelor's degree in physics from the University of North Carolina at Chapel Hill.
Steven Rose
Electric Power Research Institute

STEVEN ROSE is a Senior Research Economist in EPRI’s Energy and Environmental Research Group. Steve’s research focuses on long-run modeling of energy systems and climate change drivers, mitigation, and potential risks, as well as the economics of land-use and bioenergy as they relate to domestic and international climate change and energy policy. Steve was a lead author for the IPCC’s Fifth and Fourth Assessment Reports, and the U.S. National Climate Assessment. In addition, Steve co-chairs the bioenergy modeling subgroup of Stanford University’s Energy Modeling Forum (EMF), and serves on the federal government’s U.S. Carbon Cycle Science Program Carbon Cycle Scientific Steering Group and EPA’s Science Advisory Board panel on Carbon Dioxide Emissions from Biogenic Sources. Some current research interests and areas of publication include energy-water-land linkages, climate change risks and responses, the role of bioenergy in long-run climate management, mitigation institutions, offset mitigation investment risks and incentives, bioelectricity emissions, the economics of REDD+ and agricultural productivity, trade-offs between mitigation and temperature, and the marginal costs of climate change. Steve received his Bachelor of Arts degree in economics from the University of Wisconsin-Madison and his doctorate in economics from Cornell University.
Richard L. Schmalensee
Massachusetts Institute of Technology Sloan School of Management

RICHARD SCHMALENSEE is the Howard W. Johnson Professor of Management Emeritus and Professor of Economics Emeritus at Massachusetts Institute of Technology. He was the John C. Head III Dean of the MIT Sloan School of Management from 1998 through 2007 and was a member of the President’s Council of Economic Advisers from 1989 through 1991. He was formerly director of the MIT Center for Energy and Environmental Policy Research and a member of the MIT Energy Council. Schmalensee is a Fellow of the Econometric Society and the American Academy of Arts and Sciences. He has served on the executive committee of the American Economic Association and as a director of several corporations, and he is currently Chairman of the Board of Resources for the Future. His research and teaching have focused on industrial organization economics and its applications to business decision-making and public policy. He was the 2012 Distinguished Fellow of the Industrial Organization Society. Schmalensee holds an S.B. and a Ph.D. in economics from MIT.
John P. Weyant
Stanford University

JOHN P. WEYANT is Professor of Management Science and Engineering, Director of the Energy Modeling Forum (EMF) and Deputy Director of the Precourt Institute for Energy Efficiency at Stanford University. He is also a Senior Fellow of the Precourt Institute for Energy and the Freeman-Spolgi Institute for International Studies at Stanford. He was a National Science Foundation Post-Doctoral Fellow at Harvard's Kennedy School of Government. His current research focuses on analysis of global climate change policy options, energy efficiency analysis, energy technology assessment, and models for strategic planning. He currently serves as co-editor of the journal Energy Economics. Weyant has been a convening lead author or lead author for the Intergovernmental Panel on Climate Change for chapters on integrated assessment, greenhouse gas mitigation, integrated climate impacts, and sustainable development, and most recently served as a review editor for the climate change mitigation working group of the IPCC's forth and fifth assessment reports. He was also a founder and serves as chairman of the Scientific Steering Committee of the Integrated Assessment Modeling Consortium (IAMC), an eight year old collaboratory with 53 member institutions from around the world. He has been active in the U.S. debate on climate change policy through the Department of State, the Department of Energy, and the Environmental Protection Agency. In California, he is a member of the California Air Resources Board's Economic and Technology Advancement Advisory Committee (ETAAC) which is charged with making recommendations for technology policies to help implement AB 32, The Global Warming Solutions Act of 2006. Weyant was awarded the US Association for Energy Economics; 2008 Adelmann-Frankel award for unique and innovative contributions to the field of energy economics. Weyant was honored in 2007 as a major contributor to the Nobel Peace prize awarded to the Intergovernmental Panel on Climate Change and in 2008 by Chairman Mary Nichols for contributions to the to the California Air Resources Board's Economic and Technology Advancement Advisory Committee on AB 32. Prof. Weyant earned a B.S./M.S. in Aeronautical Engineering and Astronautics, M.S. degrees in Engineering Management and in Operations Research and Statistics all from Rensselaer Polytechnic Institute, and a Ph.D. in Management Science with minors in Economics, Operations Research, and Organization Theory from University of California at Berkeley.

Events



Location:

Keck Center
500 5th St NW, Washington, DC 20001
Event Type :  
-

Registration for Online Attendance :   
NA

Registration for in Person Attendance :   
NA


If you would like to attend the sessions of this event that are open to the public or need more information please contact

Contact Name:  Mary Ghitelman
Contact Email:  mghitelman@nas.edu
Contact Phone:  202-334-1654

Agenda
Register here: http://sgiz.mobi/s3/da064c9707c0

Valuing Climate Damages:
Updating Estimation of the Social Cost of Carbon Dioxide

Public discussion of the report

January 11, 2017 (1:00 - 2:30 pm)
Keck Center, Room 100
500 5th Street, NW
Washington, DC
Supporting File(s)
-
Is it a Closed Session Event?
No

Publication(s) resulting from the event:

-


Location:

Teleconference
Event Type :  
-

Registration for Online Attendance :   
NA

Registration for in Person Attendance :   
NA


If you would like to attend the sessions of this event that are open to the public or need more information please contact

Contact Name:  Mary Ghitelman
Contact Email:  mghitelman@nas.edu
Contact Phone:  202-334-1654

Agenda
(CLOSED MEETING)
Supporting File(s)
-
Is it a Closed Session Event?
Yes

Closed Session Summary Posted After the Event

The following committee members were present at the closed sessions of the event:

Maureen Cropper (co-chair)
Richard Newell (co-chair)
Myles Allen
Maximilian Auffhammer
Chris Forest
James K. Hammitt
Henry Jacoby
Robert Kopp
William Pizer
Steven Rose
John Weyant

Staff:
Jennifer Heimberg
Casey Wichman (technical consultant)
Mary Ghitelman

The following topics were discussed in the closed sessions:

The committee discussed reviewers’ comments and updates to the report.

The following materials (written documents) were made available to the committee in the closed sessions:

No documents were provided to the committee during the closed session.


Date of posting of Closed Session Summary:
January 05, 2017
Publication(s) resulting from the event:

-


Location:

Teleconference
Event Type :  
-

Registration for Online Attendance :   
NA

Registration for in Person Attendance :   
NA


If you would like to attend the sessions of this event that are open to the public or need more information please contact

Contact Name:  Mary Ghitelman
Contact Email:  mghitelman@nas.edu
Contact Phone:  202-334-1654

Agenda
(CLOSED MEETING)
Supporting File(s)
-
Is it a Closed Session Event?
Yes

Closed Session Summary Posted After the Event

The following committee members were present at the closed sessions of the event:

Maureen Cropper (co-chair)
Richard Newell (co-chair)
Myles Allen
Maximilian Auffhammer
Chris Forest
James K. Hammitt
Henry Jacoby
Robert Kopp
William Pizer
Steven Rose
Richard Schmalensee

Staff:
Jennifer Heimberg
Casey Wichman (technical consultant)
Mary Ghitelman

The following topics were discussed in the closed sessions:

The committee discussed the fourth draft of its report and reviewed the timeline for its review and publication.

The following materials (written documents) were made available to the committee in the closed sessions:

No documents were provided to the committee during the closed session.

Date of posting of Closed Session Summary:
September 22, 2016
Publication(s) resulting from the event:

-


Location:

Keck Center
500 5th St NW, Washington, DC 20001
Event Type :  
-

Registration for Online Attendance :   
NA

Registration for in Person Attendance :   
NA


If you would like to attend the sessions of this event that are open to the public or need more information please contact

Contact Name:  Mary Ghitelman
Contact Email:  mghitelman@nas.edu
Contact Phone:  202-334-1654

Agenda
Sixth and Final Meeting
Committee on Assessing Approaches to Updating the Social Cost of Carbon

Further meeting information here: http://sites.nationalacademies.org/DBASSE/BECS/DBASSE_173833

August 23, 2016
The Keck Center
500 5th Street NW
Washington, DC 20001

Tuesday, August 23
Room Keck 201

8:30 Remarks and Q&A with members of the Interagency Working Group on the Social Cost of Carbon (IWG)
Presenter: Elizabeth Kopits, Environmental Protection Agency (EPA)

IWG members who will be available to answer questions:
Jim Laity, Office of Management and Budget
Elizabeth Kopits, EPA
Elke Hodson, Department of Energy
Sheila Olmstead, Council of Economic Advisers

9:00 End public session, break

NOTE FOR PUBLIC MEETINGS: This meeting is being held to gather information to help the committee conduct its study. This committee will examine the information and material obtained during this, and other public meetings, in an effort to inform its work. Although opinions may be stated and lively discussion may ensue, no conclusions are being drawn at this time; no recommendations will be made. In fact, the committee will deliberate thoroughly before writing its draft report. Moreover, once the draft report is written, it must go through a rigorous review by experts who are anonymous to the committee. The committee then must respond to this review with appropriate revisions to the report that adequately satisfy both the National Academies of Sciences, Engineering, and Medicine’s (the Academies’) Report Review Committee and its president before it is considered an Academies report. Therefore, observers who draw conclusions about the committee's work based on today's discussions will be doing so prematurely.

Furthermore, individual committee members often engage in discussion and questioning for the specific purpose of probing an issue and sharpening an argument. The comments of any given committee member may not necessarily reflect the position he or she may actually hold on the subject under discussion, to say nothing of that person's future position as it may evolve in the course of the project. Any inferences about an individual's position regarding findings or recommendations in the final report are therefore also premature.

Supporting File(s)
-
Is it a Closed Session Event?
Yes

Closed Session Summary Posted After the Event

The following committee members were present at the closed sessions of the event:

Maureen Cropper (co-chair)
Richard Newell (co-chair)
Myles Allen
Maximilian Auffhammer
Chris Forest
Inez Fung
James K. Hammitt
Henry Jacoby
Robert Kopp
William Pizer
Steven Rose
Richard Schmalensee
John Weyant

Staff:
Jennifer Heimberg
Casey Wichman (technical consultant)
Mary Ghitelman
Mary Ellen O'Connell
Robert Hauser
Genie Grohman

The following topics were discussed in the closed sessions:

The committee discussed its latest draft of the final Phase 2 report and its conclusions and recommendations. It reviewed the schedule for a January 2017 report delivery.

The following materials (written documents) were made available to the committee in the closed sessions:

No written documents were made available to the committee during closed session.

Date of posting of Closed Session Summary:
August 29, 2016
Publication(s) resulting from the event:

-


Location:

Teleconference
Event Type :  
-

Registration for Online Attendance :   
NA

Registration for in Person Attendance :   
NA


If you would like to attend the sessions of this event that are open to the public or need more information please contact

Contact Name:  Mary Ghitelman
Contact Email:  MGhitelman@nas.edu
Contact Phone:  202-334-1654

Agenda
(CLOSED MEETING)
Supporting File(s)
-
Is it a Closed Session Event?
Yes

Closed Session Summary Posted After the Event

The following committee members were present at the closed sessions of the event:

Maureen Cropper (co-chair)
Richard Newell (co-chair)
Maximilian Auffhammer
Chris Forest
James K. Hammitt
Henry Jacoby
Robert Kopp
William Pizer
Steven Rose
Richard Schmalensee
John Weyant

Staff:
Jennifer Heimberg
Casey Wichman (technical consultant)
Mary Ghitelman

The following topics were discussed in the closed sessions:

The committee discussed the second draft of its report and reviewed the timeline for its publication.

The following materials (written documents) were made available to the committee in the closed sessions:

No documents were provided to the committee during the closed session.

Date of posting of Closed Session Summary:
August 16, 2016
Publication(s) resulting from the event:

-


Location:

Teleconference
Event Type :  
-

Registration for Online Attendance :   
NA

Registration for in Person Attendance :   
NA


If you would like to attend the sessions of this event that are open to the public or need more information please contact

Contact Name:  Mary Ghitelman
Contact Email:  mghitelman@nas.edu
Contact Phone:  202-334-1654

Agenda
(CLOSED MEETING)
Supporting File(s)
-
Is it a Closed Session Event?
Yes

Closed Session Summary Posted After the Event

The following committee members were present at the closed sessions of the event:

Maureen Cropper (co-chair)
Richard Newell (co-chair)
Myles Allen
Maximilian Auffhammer
Chris Forest
Inez Fung
James K. Hammitt
Robert Kopp
William Pizer
Steven Rose
John Weyant

Staff:
Jennifer Heimberg
Casey Wichman (technical consultant)
Mary Ghitelman

The following topics were discussed in the closed sessions:

The committee discussed the second draft of its report and reviewed the timeline for its publication.

The following materials (written documents) were made available to the committee in the closed sessions:

No documents were provided to the committee during the closed session.

Date of posting of Closed Session Summary:
August 16, 2016
Publication(s) resulting from the event:

-


Location:

Teleconference
Event Type :  
-

Registration for Online Attendance :   
NA

Registration for in Person Attendance :   
NA


If you would like to attend the sessions of this event that are open to the public or need more information please contact

Contact Name:  Mary Ghitelman
Contact Email:  mghitelman@nas.edu
Contact Phone:  202-334-1654

Agenda
(CLOSED MEETING)
Supporting File(s)
-
Is it a Closed Session Event?
Yes

Closed Session Summary Posted After the Event

The following committee members were present at the closed sessions of the event:

Maureen Cropper (co-chair)
Myles Allen
Maximilian Auffhammer
Chris Forest
James K. Hammitt
Henry Jacoby
Robert Kopp
William Pizer
Steven Rose
Richard Schmalensee
John Weyant

Staff:
Jennifer Heimberg
Casey Wichman (technical consultant)
Mary Ghitelman

The following topics were discussed in the closed sessions:

The committee discussed the first draft of its report and reviewed the timeline for its publication.

The following materials (written documents) were made available to the committee in the closed sessions:

No documents were provided to the committee during the closed session.

Date of posting of Closed Session Summary:
July 14, 2016
Publication(s) resulting from the event:

-


Location:

Teleconference
Event Type :  
-

Registration for Online Attendance :   
NA

Registration for in Person Attendance :   
NA


If you would like to attend the sessions of this event that are open to the public or need more information please contact

Contact Name:  Mary Ghitelman
Contact Email:  mghitelman@nas.edu
Contact Phone:  202-334-1654

Agenda
CLOSED MEETING
Supporting File(s)
-
Is it a Closed Session Event?
Yes

Closed Session Summary Posted After the Event

The following committee members were present at the closed sessions of the event:

Maureen Cropper (co-chair)
Richard Newell (co-chair)
Myles Allen
Chris Forest
James K. Hammitt
Henry Jacoby
William Pizer
Steven Rose
John Weyant

Staff:
Jennifer Heimberg
Casey Wichman (technical consultant)
Mary Ghitelman

The following topics were discussed in the closed sessions:

The committee discussed the timeline for its report and draft conclusions and recommendations.

The following materials (written documents) were made available to the committee in the closed sessions:

No documents were provided to the committee during the closed session.

Date of posting of Closed Session Summary:
June 22, 2016
Publication(s) resulting from the event:

-


Location:

Teleconference
Event Type :  
-

Registration for Online Attendance :   
NA

Registration for in Person Attendance :   
NA


If you would like to attend the sessions of this event that are open to the public or need more information please contact

Contact Name:  Mary Ghitelman
Contact Email:  mghitelman@nas.edu
Contact Phone:  202-334-1654

Agenda
CLOSED MEETING
Supporting File(s)
-
Is it a Closed Session Event?
Yes

Closed Session Summary Posted After the Event

The following committee members were present at the closed sessions of the event:

Maureen Cropper (co-chair)
Richard Newell (co-chair)
Maximilian Auffhammer
Chris Forest
James K. Hammitt
Henry Jacoby
Robert Kopp
Steven Rose
Richard Schmalensee

Staff:
Casey Wichman (technical consultant)
Mary Ghitelman

The following topics were discussed in the closed sessions:

The committee discussed the timeline for its report and draft conclusions and recommendations.

The following materials (written documents) were made available to the committee in the closed sessions:

No documents were provided to the committee during the closed session.

Date of posting of Closed Session Summary:
June 14, 2016
Publication(s) resulting from the event:

-


Location:

Teleconference
Event Type :  
-

Registration for Online Attendance :   
NA

Registration for in Person Attendance :   
NA


If you would like to attend the sessions of this event that are open to the public or need more information please contact

Contact Name:  Mary Ghitelman
Contact Email:  mghitelman@nas.edu
Contact Phone:  202-334-1654

Agenda
CLOSED MEETING
Supporting File(s)
-
Is it a Closed Session Event?
Yes

Closed Session Summary Posted After the Event

The following committee members were present at the closed sessions of the event:

Maureen Cropper (co-chair)
Richard Newell (co-chair)
Myles Allen
Maximilian Auffhammer
Chris Forest
Inez Fung
James K. Hammitt
Henry Jacoby
Robert Kopp
William Pizer
Steven Rose
Richard Schmalensee

Staff:
Jennifer Heimberg
Casey Wichman (technical consultant)
Mary Ghitelman

The following topics were discussed in the closed sessions:

The committee discussed the timeline for its report and draft conclusions and recommendations.

The following materials (written documents) were made available to the committee in the closed sessions:

No documents were provided to the committee during the closed session.

Date of posting of Closed Session Summary:
June 08, 2016
Publication(s) resulting from the event:

-


Location:

Teleconference
Event Type :  
-

Registration for Online Attendance :   
NA

Registration for in Person Attendance :   
NA


If you would like to attend the sessions of this event that are open to the public or need more information please contact

Contact Name:  Mary Ghitelman
Contact Email:  mghitelman@nas.edu
Contact Phone:  202-334-1654

Agenda
CLOSED MEETING
Supporting File(s)
-
Is it a Closed Session Event?
Yes

Closed Session Summary Posted After the Event

The following committee members were present at the closed sessions of the event:

Maureen Cropper (co-chair)
Richard Newell (co-chair)
Myles Allen
Maximilian Auffhammer
James Hammitt
Henry Jacoby
Robert Kopp
William Pizer
Steven Rose
Richard Schmalensee
John Weyant

STAFF:
Jennifer A. Heimberg
Mary Ghitelman

The following topics were discussed in the closed sessions:

The committee discussed the timeline for its report and draft conclusions and recommendations.

The following materials (written documents) were made available to the committee in the closed sessions:

No documents were provided to the committee during the closed session.

Date of posting of Closed Session Summary:
May 20, 2016
Publication(s) resulting from the event:

-


Location:

Keck Center
500 5th St NW, Washington, DC 20001
Event Type :  
-

Registration for Online Attendance :   
NA

Registration for in Person Attendance :   
NA


If you would like to attend the sessions of this event that are open to the public or need more information please contact

Contact Name:  Mary Ghitelman
Contact Email:  mghitelman@nas.edu
Contact Phone:  202-334-1654

Agenda
REGISTER TO ATTEND VIA WEBCAST OR IN PERSON HERE: http://sgiz.mobi/s3/2e18be57ee01

Fifth Meeting
Committee on Assessing Approaches to Updating the
Social Cost of Carbon

May 5-6, 2016

Keck Center
500 5th Street NW
Washington, DC 20001

Thursday, May 5


2:20 PM Welcome and Introductions
Richard Newell and Maureen Cropper

2:30 – 4:00 PM (each presentation will last 45 minutes total—30 minutes + 15 Q&A)

2:30 PM Inter-Sectoral Impact Model Intercomparison Project (ISI-MIP) Overview
Katja Frieler, Lead of the ISI-MIP project, Potsdam Institute of Climate Impact Research (via WebEx)

3:15 PM Costs of Perturbations and Feedbacks in the CO2 and Methane Cycles
David Archer, University of Chicago (via WebEx)

4:00 – 5:30 PM Market and Non-Market Damages Panel
(presentations will take place back-to-back, 30 minutes each, followed by 30
minutes of discussion and Q&A for the panelists)

4:00 PM A New Empirical Approach to Global Damage Function Estimation
Michael Greenstone, University of Chicago

4:30 PM Non-Market Damages from Climate Change
Michael Hanemann, Arizona State University

5:00 PM Discussion and Q&A

5:30 PM Opportunity for Public Comments

5:45 PM End Open Session

NOTE FOR PUBLIC MEETINGS: This meeting is being held to gather information to help the committee conduct its study. This committee will examine the information and material obtained during this, and other public meetings, in an effort to inform its work. Although opinions may be stated and lively discussion may ensue, no conclusions are being drawn at this time; no recommendations will be made. In fact, the committee will deliberate thoroughly before writing its draft report. Moreover, once the draft report is written, it must go through a rigorous review by experts who are anonymous to the committee. The committee then must respond to this review with appropriate revisions to the report that adequately satisfy both the National Academies of Sciences, Engineering, and Medicine’s (the Academies’) Report Review Committee and its president before it is considered an Academies report. Therefore, observers who draw conclusions about the committee's work based on today's discussions will be doing so prematurely.

Furthermore, individual committee members often engage in discussion and questioning for the specific purpose of probing an issue and sharpening an argument. The comments of any given committee member may not necessarily reflect the position he or she may actually hold on the subject under discussion, to say nothing of that person's future position as it may evolve in the course of the project. Any inferences about an individual's position regarding findings or recommendations in the final report are therefore also premature.

Supporting File(s)
-
Is it a Closed Session Event?
Yes

Closed Session Summary Posted After the Event

The following committee members were present at the closed sessions of the event:

Maureen Cropper (co-chair)
Richard Newell (co-chair)
Maximilian Auffhammer
Chris Forest
James Hammitt
Henry Jacoby
Robert Kopp
William Pizer
Steven Rose
Richard Schmalensee
John Weyant

Staff:
Jennifer Heimberg
Casey Wichman (technical consultant)
Mary Ghitelman
Mary Ellen O'Connell

The following topics were discussed in the closed sessions:

The committee discussed the timeline for its report and draft conclusions and recommendations.

The following materials (written documents) were made available to the committee in the closed sessions:

Myles Allen distributed a recent letter to the committee in closed session (Drivers of peak warming in a consumption-maximizing world, M. Allen, Nature, Climate Change, published online on 4 April 2016).

Date of posting of Closed Session Summary:
May 10, 2016
Publication(s) resulting from the event:

-


Location:

Teleconference
Event Type :  
-

Registration for Online Attendance :   
NA

Registration for in Person Attendance :   
NA


If you would like to attend the sessions of this event that are open to the public or need more information please contact

Contact Name:  Mary Ghitelman
Contact Email:  mghitelman@nas.edu
Contact Phone:  202-334-1654

Agenda
(CLOSED MEETING)
Supporting File(s)
-
Is it a Closed Session Event?
Yes

Closed Session Summary Posted After the Event

The following committee members were present at the closed sessions of the event:

Maureen L. Cropper (Co-Chair)
Richard G. Newell (Co-Chair)
Maximilian Auffhammer
Chris E. Forest
James K. Hammitt
Henry D. Jacoby
Robert Kopp
William Pizer
Steven Rose
Richard Schmalensee
John P. Weyant

STAFF:
Jennifer A. Heimberg
Casey J. Wichman (Consultant)
Mary Ghitelman

The following topics were discussed in the closed sessions:

Topics discussed included a review of a draft outline for the final report; preliminary conclusions and recommendations; and topics for the May 5-6 meeting in Washington, DC.

The following materials (written documents) were made available to the committee in the closed sessions:

No documents were provided to the committee during the closed session.

Date of posting of Closed Session Summary:
April 15, 2016
Publication(s) resulting from the event:

-


Location:

Teleconference
Event Type :  
-

Registration for Online Attendance :   
NA

Registration for in Person Attendance :   
NA


If you would like to attend the sessions of this event that are open to the public or need more information please contact

Contact Name:  Mary Ghitelman
Contact Email:  mghitelman@nas.edu
Contact Phone:  202-334-1654

Agenda
(CLOSED MEETING)
Supporting File(s)
-
Is it a Closed Session Event?
Yes

Closed Session Summary Posted After the Event

The following committee members were present at the closed sessions of the event:

Maureen L. Cropper (Co-Chair)
Richard G. Newell (Co-Chair)
Myles Allen
Maximilian Auffhammer
Chris E. Forest
Inez Y. Fung
James K. Hammitt
Henry D. Jacoby
Robert Kopp
William Pizer
Steven Rose
Richard Schmalensee
John P. Weyant

STAFF:
Jennifer A. Heimberg
Casey J. Wichman (Consultant)
Mary Ghitelman


The following topics were discussed in the closed sessions:

Topics discussed included a review of a draft outline for the final report; preliminary conclusions and recommendations; and topics for the May 5-6 meeting in Washington, DC.

The following materials (written documents) were made available to the committee in the closed sessions:

No documents were provided to the committee during the closed session.

Date of posting of Closed Session Summary:
April 06, 2016
Publication(s) resulting from the event:

-


Location:

Teleconference
Event Type :  
-

Registration for Online Attendance :   
NA

Registration for in Person Attendance :   
NA


If you would like to attend the sessions of this event that are open to the public or need more information please contact

Contact Name:  Mary Ghitelman
Contact Email:  mghitelman@nas.edu
Contact Phone:  202-334-1654

Agenda
(CLOSED MEETING)
Supporting File(s)
-
Is it a Closed Session Event?
Yes

Closed Session Summary Posted After the Event

The following committee members were present at the closed sessions of the event:

Maureen L. Cropper (Co-Chair)
Richard G. Newell (Co-Chair)
Myles Allen
Maximilian Auffhammer
Chris E. Forest
Inez Y. Fung
James K. Hammitt
Henry D. Jacoby
Robert Kopp
William Pizer
Steven Rose
Richard Schmalensee
John P. Weyant

STAFF:
Jennifer A. Heimberg
Casey J. Wichman (Consultant)
Mary Ghitelman


The following topics were discussed in the closed sessions:

Topics discussed included a review of a draft outline for the final report; preliminary conclusions and recommendations; and topics for the May 5-6 meeting in Washington, DC.

The following materials (written documents) were made available to the committee in the closed sessions:

No documents were provided to the committee during the closed session.

Date of posting of Closed Session Summary:
March 10, 2016
Publication(s) resulting from the event:

-


Location:

Keck Center
500 5th St NW, Washington, DC 20001
Event Type :  
-

Registration for Online Attendance :   
NA

Registration for in Person Attendance :   
NA


If you would like to attend the sessions of this event that are open to the public or need more information please contact

Contact Name:  Mary Ghitelman
Contact Email:  mghitelman@nas.edu
Contact Phone:  202-334-1654

Agenda
(CLOSED MEETING)
Supporting File(s)
-
Is it a Closed Session Event?
Yes

Closed Session Summary Posted After the Event

The following committee members were present at the closed sessions of the event:

Maureen L. Cropper (Co-Chair)
Richard G. Newell (Co-Chair)
Myles Allen (via WebEx)
Maximilian Auffhammer
Chris E. Forest
Inez Y. Fung
James K. Hammitt
Henry D. Jacoby
Robert Kopp
William Pizer
Steven Rose
Richard Schmalensee
John P. Weyant

STAFF:
Jennifer A. Heimberg
Casey J. Wichman (Consultant)
Mary Ghitelman
Mary Ellen O'Connell
Emma Moran

The following topics were discussed in the closed sessions:

Topics discussed included a review of a draft outline for the final report; preliminary conclusions and recommendations; and topics for the May 5-6 meeting in Washington, DC.

The following materials (written documents) were made available to the committee in the closed sessions:

No documents were provided to the committee during the closed session.

Date of posting of Closed Session Summary:
March 10, 2016
Publication(s) resulting from the event:

-


Location:

National Academy of Sciences Building
2101 Constitution Ave NW, Washington, DC 20418
Event Type :  
-

Registration for Online Attendance :   
NA

Registration for in Person Attendance :   
NA


If you would like to attend the sessions of this event that are open to the public or need more information please contact

Contact Name:  Mary Ghitelman
Contact Email:  MGhitelman@nas.edu
Contact Phone:  202-334-1654

Agenda
Information on attending the event via WebEx can be found here: http://sites.nationalacademies.org/DBASSE/BECS/DBASSE_170288


Tuesday, January 26, 2016

MEETING OPEN TO THE PUBLIC
The National Academy of Sciences Building, Lecture Room
2101 Constitution Ave NW, Washington, DC 20418

Public Release and Webcast

11:00 am Phase 1 Interim Report, Conclusions and Recommendations
Committee membership in attendance:
Richard Newell, Co-Chair
Chris Forest and Steve Rose, Committee Members
Jennifer Heimberg, Study Director
Casey Wichman, Technical Consultant

11:40 am Questions and Answers

12:00 pm ADJOURN
Supporting File(s)
-
Is it a Closed Session Event?
No

Publication(s) resulting from the event:

-


Location:

Keck Center
500 5th St NW, Washington, DC 20001
Teleconference Meeting
Event Type :  
-

Registration for Online Attendance :   
NA

Registration for in Person Attendance :   
NA


If you would like to attend the sessions of this event that are open to the public or need more information please contact

Contact Name:  Mary Ghitelman
Contact Email:  mghitelman@nas.edu
Contact Phone:  202-334-1654

Agenda
(CLOSED MEETING)
Supporting File(s)
-
Is it a Closed Session Event?
Yes

Closed Session Summary Posted After the Event

The following committee members were present at the closed sessions of the event:

Maureen Cropper (co-chair)
Richard Newell (co-chair)
Maximilian Auffhammer
Chris Forest
Inez Fung
James Hammitt
Robert Kopp
William Pizer
Steven Rose
John Weyant
Casey Wichman (consultant)

The following topics were discussed in the closed sessions:

Planning for Phase 2 and the committee’s next meeting (February 11-12).



The following materials (written documents) were made available to the committee in the closed sessions:

The committee received no outside documents during the session.

Date of posting of Closed Session Summary:
November 30, 2015
Publication(s) resulting from the event:

-


Location:

Washington, DC
Event Type :  
-

Registration for Online Attendance :   
NA

Registration for in Person Attendance :   
NA


If you would like to attend the sessions of this event that are open to the public or need more information please contact

Contact Name:  Mary Ghitelman
Contact Email:  mghitelman@nas.edu
Contact Phone:  202-334-1654

Agenda
Project Page: http://sites.nationalacademies.org/DBASSE/BECS/CurrentProjects/DBASSE_167526
Registration: http://sgiz.mobi/s3/7af77f3de266
Webcast: http://sites.nationalacademies.org/DBASSE/BECS/DBASSE_169040

Third Meeting
Committee on Assessing Approaches to Updating the
Social Cost of Carbon

November 13, 2015

Meeting Location:
Venable LLP Conference Center
575 7th St NW, Washington, DC 20004


Friday, November 13, 2015

Venable LLP Conference Center
The Capitol Room


OPEN SESSION (open to the public)

Note: speakers participating in person=[P], or remotely=[V]

All speakers have received a series of questions that they have been asked to address in their presentations. The list of questions can be found at the end of this agenda.

In Sessions 1 and 2 (part 1), each speaker will be given 30 minutes to address a series of specific questions on the current state of evidence and approaches, options for integration into IAMs, and future research needs. For Session 2 (part 2), each speaker will be given 20 minutes for presentations. All sessions will end with 30 minutes of questions from the committee to each session’s panel.


12:00 pm -2:00 pm SESSION 1: Damage Models for Existing Integrated Assessment Models (IAMs) and Areas of Research

Kenneth Gillingham [P] and William Nordhaus [V], Yale University
Improving the damage portion of IAMs
DICE model
David Anthoff [V], University of California (UC), Berkeley
FUND model
Chris Hope [V], University of Cambridge
PAGE model

2:00-2:15 pm BREAK

2:15- 3:45 pm SESSION 2, part 1: Current State of Evidence and Approaches, Options for Integration into IAMs

Leon Clarke, Pacific Northwest National Laboratory [P]
Sol Hsiang, UC Berkeley [P]

3:45-4:00 pm BREAK

4:00-5:30 pm SESSION 2, part 2: Current State of Evidence and Approaches, Future Research Needs

Each speaker will be given 20 minutes. The session will end with 30 minutes of questions from the committee.

Robert Mendelsohn [V], Yale University
John Reilly [V], Massachusetts Institute of Technology (MIT)
Wolfram Schlenker [V], Columbia University


5:30 -5:45 pm Discussion and Wrap-up
Maureen Cropper and Richard Newell, Co-Chairs

5:45 pm ADJOURN

*******
Questions for Presenters at third meeting

1. How can the characterization of damages used to estimate the SCC be improved over the next 1-3 years through incorporation of existing evidence or changes to modeling approaches?

2. What improvements can be made with respect to representation of market and non-market damages for particular sectors, catastrophic impacts, adaptation, changes in vulnerability/resiliency, and interactions among these aspects of climate damages?

3. What are the technical merits and challenges of using a damage function that aggregates across multiple damage categories relative to explicitly modeling individual damage categories (e.g., sectoral or regional)?

4. What criteria can be used to assess the reliability of potential improvements to damage functions used for SCC estimation, with respect to both modeling approach and specific evidence?

5. What research areas are of the highest priority to improve the characterization of damages over time?


******
NOTE FOR PUBLIC MEETINGS: This meeting is being held to gather information to help the committee conduct its study. This committee will examine the information and material obtained during this, and other public meetings, in an effort to inform its work. Although opinions may be stated and lively discussion may ensue, no conclusions are being drawn at this time; no recommendations will be made. In fact, the committee will deliberate thoroughly before writing its draft report. Moreover, once the draft report is written, it must go through a rigorous review by experts who are anonymous to the committee. The committee then must respond to this review with appropriate revisions to the report that adequately satisfy both the National Academies of Sciences, Engineering, and Medicine’s (the Academies’) Report Review Committee and its president before it is considered an Academies report. Therefore, observers who draw conclusions about the committee's work based on today's discussions will be doing so prematurely.
Furthermore, individual committee members often engage in discussion and questioning for the specific purpose of probing an issue and sharpening an argument. The comments of any given committee member may not necessarily reflect the position he or she may actually hold on the subject under discussion, to say nothing of that person's future position as it may evolve in the course of the project. Any inferences about an individual's position regarding findings or recommendations in the final report are therefore also premature.

Supporting File(s)
-
Is it a Closed Session Event?
Yes

Closed Session Summary Posted After the Event

The following committee members were present at the closed sessions of the event:

Maureen Cropper (co-chair)
Richard Newell (co-chair)
Myles Allen
Maximilian Auffhammer
Chris Forest
Inez Fung
James Hammitt
Henry Jacoby
Robert Kopp
William Pizer
Steven Rose
Richard Schmalensee
John Weyant
Casey Wichman (consultant)

The following topics were discussed in the closed sessions:

Finalizing Phase 1 report.

The following materials (written documents) were made available to the committee in the closed sessions:

The committee received no outside documentation during the closed session.

Date of posting of Closed Session Summary:
November 30, 2015
Publication(s) resulting from the event:

-


Location:

Teleconference Meeting
Event Type :  
-

Registration for Online Attendance :   
NA

Registration for in Person Attendance :   
NA


If you would like to attend the sessions of this event that are open to the public or need more information please contact

Contact Name:  Mary Ghitelman
Contact Email:  mghitelman@nas.edu
Contact Phone:  202-334-1654

Agenda
(CLOSED MEETING)
Supporting File(s)
-
Is it a Closed Session Event?
Yes

Closed Session Summary Posted After the Event

The following committee members were present at the closed sessions of the event:

Maureen Cropper
Chris Forest
Robert Kopp

Casey Wichman (consultant)


The following topics were discussed in the closed sessions:

Topic of the discussion was the climate change chapters for the Phase 1 report.




The following materials (written documents) were made available to the committee in the closed sessions:

No materials were given to the committee during this session.

Date of posting of Closed Session Summary:
November 05, 2015
Publication(s) resulting from the event:

-


Location:

Teleconference meeting
Event Type :  
-

Registration for Online Attendance :   
NA

Registration for in Person Attendance :   
NA


If you would like to attend the sessions of this event that are open to the public or need more information please contact

Contact Name:  Mary Ghitelman
Contact Email:  mghitelman@nas.edu
Contact Phone:  202-334-1654

Agenda
(CLOSED MEETING)
Supporting File(s)
-
Is it a Closed Session Event?
Yes

Closed Session Summary Posted After the Event

The following committee members were present at the closed sessions of the event:

Robert Kopp
Myles Allen
Chris Forest
Inez Fung

The following topics were discussed in the closed sessions:

Draft writing assignments for Phase 1 report.

The following materials (written documents) were made available to the committee in the closed sessions:

No outside documents were distributed to the committee during this meeting.

Date of posting of Closed Session Summary:
October 15, 2015
Publication(s) resulting from the event:

-


Location:

University of Maryland - Master of Professional Studies Program in Applied Economics Suite
Event Type :  
-

Registration for Online Attendance :   
NA

Registration for in Person Attendance :   
NA


If you would like to attend the sessions of this event that are open to the public or need more information please contact

Contact Name:  Mary Ghitelman
Contact Email:  mghitelman@nas.edu
Contact Phone:  202-334-1654

Agenda
(CLOSED MEETING)
Supporting File(s)
-
Is it a Closed Session Event?
Yes

Closed Session Summary Posted After the Event

The following committee members were present at the closed sessions of the event:

10/2/2015: Maureen L. Cropper
Richard G. Newell
Myles Allen
Chris E. Forest
James Hammitt
Henry D. Jacoby
Robert Kopp
William Pizer
Steven Rose
Richard Schmalensee
John P. Weyant

10/3/2015: Maureen L. Cropper
Richard G. Newell
Chris E. Forest
James Hammitt
Henry D. Jacoby
Robert Kopp
William Pizer
Steven Rose
Richard Schmalensee
John P. Weyant

The following topics were discussed in the closed sessions:

Phase 1 report findings and recommendations
Phase 2 topics: damages and emission scenarios


The following materials (written documents) were made available to the committee in the closed sessions:

Dell et al, “What Do We Learn from the Weather? The New Climate–Economy Literature”, Journal of Economic Literature, 2014, 52(3), 740–798.

Date of posting of Closed Session Summary:
October 06, 2015
Publication(s) resulting from the event:

-


Location:

Teleconference meeting
Event Type :  
-

Registration for Online Attendance :   
NA

Registration for in Person Attendance :   
NA


If you would like to attend the sessions of this event that are open to the public or need more information please contact

Contact Name:  Mary Ghitelman
Contact Email:  mghitelman@nas.edu
Contact Phone:  202-334-1654

Agenda
(CLOSED MEETING)
Supporting File(s)
-
Is it a Closed Session Event?
Yes

Closed Session Summary Posted After the Event

The following committee members were present at the closed sessions of the event:

Maureen Cropper
Myles Allen
Chris Forest
Robert Kopp
Casey Wichman - technical consultant


The following topics were discussed in the closed sessions:

Discussion of Phase 1 report.

The following materials (written documents) were made available to the committee in the closed sessions:

No documents were received.

Date of posting of Closed Session Summary:
September 30, 2015
Publication(s) resulting from the event:

-


Location:

Teleconference meeting
Event Type :  
-

Registration for Online Attendance :   
NA

Registration for in Person Attendance :   
NA


If you would like to attend the sessions of this event that are open to the public or need more information please contact

Contact Name:  Mary Ghitelman
Contact Email:  mghitelman@nas.edu
Contact Phone:  202-334-1654

Agenda
(CLOSED MEETING)
Supporting File(s)
-
Is it a Closed Session Event?
Yes

Closed Session Summary Posted After the Event

The following committee members were present at the closed sessions of the event:

Maureen Cropper
William Pizer
James Hammitt
Casey Wichman - technical consultant

The following topics were discussed in the closed sessions:

The topics discussed were content for the interim report.

The following materials (written documents) were made available to the committee in the closed sessions:

No documents received.

Date of posting of Closed Session Summary:
September 30, 2015
Publication(s) resulting from the event:

-


Location:

Keck Center
500 5th St NW, Washington, DC 20001
Event Type :  
-

Registration for Online Attendance :   
NA

Registration for in Person Attendance :   
NA


If you would like to attend the sessions of this event that are open to the public or need more information please contact

Contact Name:  Mary Ghitelman
Contact Email:  mghitelman@nas.edu
Contact Phone:  202-334-1654

Agenda
First Meeting
Committee on Assessing Approaches to Updating the Social Cost of Carbon
September 2, 2015
Keck Center - Room 208
500 5th St., NW
Washington, DC 20001

AGENDA
Wednesday, September 2, 2015
OPEN SESSION (open to the public)

9:30 Introductions
MaryEllen O’Connell, Interim Director, Board on Environmental Change and
Society
Maureen Cropper and Richard Newell, Co-Chairs
Marisa Gerstein Pineau, Program Officer

9:45 Presentation: Sponsors’ Interests and Goals for the Study
Ken Gillingham, Council of Economic Advisers
Q&A: Richard Newell and Maureen Cropper, Moderators

10:45 Break

11:00 Presentation: Methodology for the Social Cost of Carbon Estimates
Elizabeth Kopits, U.S. Environmental Protection Agency
Q&A: Richard Newell and Maureen Cropper, Moderators

12:45 Closing Remarks
Maureen Cropper and Richard Newell, Co-Chairs

1:00 Adjourn Open Session
Supporting File(s)
-
Is it a Closed Session Event?
Yes

Closed Session Summary Posted After the Event

The following committee members were present at the closed sessions of the event:

Maureen Cropper (co-chair)
Richard Newell (co-chair)
Max Auffhammer
Chris Forest
Inez Fung
James Hammitt
Henry Jacoby
Robert Kopp
William Pizer
Steven Rose
Richard Schmalensee
John Weyant

The following topics were discussed in the closed sessions:

Welcome, Introductions, Overview of Study, and Preparation for Open Session

Presentation from Office of News and Public Information

Understanding How Integrated Assessment Models Influence the SCC

Understanding the Representation of the Climate System and its Uncertainty

Summary, additional questions/discussion of day’s topics

Bias and Conflict of Interest Discussion

Review the Charge and Committee Composition

Discussion of Interim Report Charge and Next Steps

Discussion of Final Report: Timelines and Committee Needs
-




The following materials (written documents) were made available to the committee in the closed sessions:

Briefing book

Date of posting of Closed Session Summary:
September 04, 2105
Publication(s) resulting from the event:

-

Publications