{"refrec":{"BRefID":352644,"RR":"<b>Kaufman, N.; Barron, A.R.; Krawczyk, W.; Marsters, P.; McJeon, H.</b> (2020). A near-term to net zero alternative to the social cost of carbon for setting carbon prices. <i>Nat. Clim. Chang. 10(11)</i>: 1010-1014. <a href=\"https://dx.doi.org/10.1038/s41558-020-0880-3\" target=\"_blank\">https://dx.doi.org/10.1038/s41558-020-0880-3</a>","BEntID":350352,"PublicFlag":1,"CheckedFlag":0,"wosflag":1,"vabbflag":1,"RefStringPartII":". <i>Nat. Clim. Chang. 10(11)</i>: 1010-1014. <a href=\"https://dx.doi.org/10.1038/s41558-020-0880-3\" target=\"_blank\">https://dx.doi.org/10.1038/s41558-020-0880-3</a>","DocTypID":8,"DocType":"Journal article","MarineFlag":0,"FreshFlag":0,"BrackishFlag":0,"TerrestrialFlag":0,"Authorstring":"Kaufman, N.; Barron, A.R.; Krawczyk, W.; Marsters, P.; McJeon, H.","OrigTitleTranslFlag":0,"Authorstringtrunc":"Kaufman, N. <i>et al.</i>","Englishabstract":"The social cost of carbon (SCC) is commonly described and used as the optimal CO<sub>2</sub> price. However, the wide range of SCC estimates provides limited practical assistance to policymakers setting specific CO<sub>2</sub> prices. Here we describe an alternate near-term to net zero (NT2NZ) approach, estimating CO<sub>2</sub> prices needed in the near term for consistency with a net-zero CO<sub>2</sub> emissions target. This approach dovetails with the emissions-target-focused approach that frames climate policy discussions around the world, avoids uncertainties in estimates of climate damages and long-term decarbonization costs, offers transparency about sensitivities and enables the consideration of CO<sub>2</sub> prices alongside a portfolio of policies. We estimate illustrative NT2NZ CO<sub>2</sub> prices for the United States; for a 2050 net-zero CO<sub>2</sub> emission target, prices are US$34 to US$64 per metric ton in 2025 and US$77 to US$124 in 2030. 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