A near-term to net zero alternative to the social cost of carbon for setting carbon prices

Nature Climate Change, Published online: 17 August 2020; doi:10.1038/s41558-020-0880-3

Wide-ranging estimates of the social cost of carbon limit its usefulness in setting carbon prices. Near-term to net zero is an alternative modelling approach that focuses on the prices, combined with other policies, needed to set an economy on a pathway consistent with a net-zero emissions target.