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Shadow price of carbon: economic appraisal in the UK

A note from Defra on the difference between the social cost of carbon and the shadow price of carbon, plus peer reviews and response.

Last fetched 04 May 2026 · gov.uk

Documents

The Social Cost Of Carbon And The Shadow Price Of Carbon: What They Are, And How To Use Them In Economic Appraisal In The UKapplication/pdf Peer Review: Paul Watkissapplication/pdf Peer Review: Alex Bowenapplication/pdf Peer Review: David Newberyapplication/pdf Peer Review: Dieter Helmapplication/pdf Peer Review: Paul Ekinsapplication/pdf Peer Review: Simon Dietzapplication/pdf Government economists’ responseapplication/pdf

At a glance

TypePolicy paper

First published01 Dec 2007

Last updated01 Dec 2007

Organisations

Department for Environment, Food & Rural Affairs

Topics

Low carbon technologies

Source

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