This page has been validated.
full set of annual SC-GHG values between 2020 and 2050, calculated using linear interpolation between the numbers shown in Tables 1–3, is reported in the Appendix and the full set of model results are available on the OMB website.[1] The SC-GHG estimates increase over time within the models – i.e., the societal harm from one metric ton emitted in 2030 is higher than the harm caused by one metric ton emitted in 2025 – because future emissions produce larger incremental damages as physical and economic systems become more stressed in response to greater climatic change, and because GDP is growing over time and many damage categories are modeled as proportional to GDP.
Discount Rate and Statistic | ||||
---|---|---|---|---|
Emissions Year |
5% Average |
3% Average |
2.5% Average |
3% 95th Percentile |
2020 | 14 | 51 | 76 | 152 |
2025 | 17 | 56 | 83 | 169 |
2030 | 19 | 62 | 89 | 187 |
2035 | 22 | 67 | 96 | 206 |
2040 | 25 | 73 | 103 | 225 |
2045 | 28 | 79 | 110 | 242 |
2050 | 32 | 85 | 116 | 260 |
Discount Rate and Statistic | ||||
---|---|---|---|---|
Emissions Year |
5% Average |
3% Average |
2.5% Average |
3% 95th Percentile |
2020 | 670 | 1500 | 2000 | 3900 |
2025 | 800 | 1700 | 2200 | 4500 |
2030 | 940 | 2000 | 2500 | 5200 |
2035 | 1100 | 2200 | 2800 | 6000 |
2040 | 1300 | 2500 | 3100 | 6700 |
2045 | 1500 | 2800 | 3500 | 7500 |
2050 | 1700 | 3100 | 3800 | 8200 |
- ↑ https://www.whitehouse.gov/omb/information-regulatory-affairs/regulatory-matters/#scghgs
- ↑ The values reported in this TSD are identical to those reported in the 2016 TSD adjusted for inflation to 2020 dollars using the annual GDP Implicit Price Deflator values in the U.S. Bureau of Economic Analysis’ (BEA) NIPA Table 1.1.9: 113.626 (2020)/ 92.486 (2007) = 1.228575 (U.S. BEA 2021). The IWG combined the distributions across models and socioeconomic emissions scenarios for each of three discount rates (2.5%, 3%, and 5%), plus a fourth value, selected as the 95th percentile of estimates based on a 3 percent discount rate. Values of SC-CO2 are rounded to the nearest dollar; SC-CH4 and SC-N2O are rounded to two significant figures. The annual unrounded estimates are available on OMB’s website for use in regulatory and other analyses: https://www.whitehouse.gov/omb/information-regulatory-affairs/regulatory-matters/#scghgs.
24