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Record W2784424968

Carbonated Fodder: The Social Cost of Carbon in Canadian and U.S. Regulatory Decision-Making

2017· article· en· W2784424968 on OpenAlexaffabout
David V. Wright

Bibliographic record

VenueSSRN Electronic Journal · 2017
Typearticle
Languageen
FieldSocial Sciences
TopicEnvironmental law and policy
Canadian institutionsUniversity of Calgary
Fundersnot available
KeywordsScrutinySocial costValue (mathematics)Cost–benefit analysisCredibilityCorporate governanceLiberian dollarOpportunity costEconomicsPublic economicsBusinessPolitical scienceMicroeconomicsFinance
DOInot available

Abstract

fetched live from OpenAlex

For decades, cost-benefit analysis has been criticized while it has simultaneously been a core analytical tool in regulatory decision-making. Scrutiny of a relatively new component of cost-benefit analysis used to measure environmental benefits—the “social cost of carbon” (“SCC”)—provides fresh evidence that confirms long-standing concerns around bias, manipulation, uncertainty, and moral judgment. This Article is the first to examine and compare use of the social cost of carbon in Canadian and U.S. carbon emissions regulatory decision-making. It reveals that despite fundamental differences between the two countries, regulators on either side of the border use similar or identical dollar values and modelling. This practice erroneously assumes commonalities across the two countries that have not been empirically proven, including with respect to risk tolerance, moral judgment, value of ecosystem services, and the value of a human life. Additionally, the analysis finds differences in the way SCC values are selected and used by Canadian and U.S. decision-makers, demonstrating that another example of cost-benefit analysis is susceptible to bias and arbitrary decisions. This in turn undermines the credibility of regulatory decisions in the carbon emissions realm at a critical time in global climate governance. The Article goes on to suggest that SCC represents an opportunity for cost-benefit analysis to evolve and contribute to sound regulatory decision-making, but further improvement is needed to do so.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.002
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesScience and technology studies
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.423
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0020.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0020.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.001
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.009
GPT teacher head0.301
Teacher spread0.292 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations1
Published2017
Admission routes2
Has abstractyes

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