{"id":214580,"date":"2026-11-13T12:49:52","date_gmt":"2026-11-13T11:49:52","guid":{"rendered":"https:\/\/www.rse-web.it\/news\/rse-study-on-country-differentiated-social-cost-of-carbon-for-an-equitable-carbon-pricing-benchmark\/"},"modified":"2026-11-13T15:20:11","modified_gmt":"2026-11-13T14:20:11","slug":"rse-study-on-country-differentiated-social-cost-of-carbon-for-an-equitable-carbon-pricing-benchmark","status":"publish","type":"news","link":"https:\/\/www.rse-web.it\/en\/news\/rse-study-on-country-differentiated-social-cost-of-carbon-for-an-equitable-carbon-pricing-benchmark\/","title":{"rendered":"RSE study on Country-Differentiated Social Cost of Carbon for an Equitable Carbon Pricing Benchmark"},"content":{"rendered":"","protected":false},"excerpt":{"rendered":"

The scientific article is now available online in the journal Climate.<\/p>\n","protected":false},"author":93,"featured_media":198574,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"tags":[1562,1386,1318,1300,1320],"targets":[1304,1317],"news_tipologie":[807],"class_list":["post-214580","news","type-news","status-publish","has-post-thumbnail","hentry","tag-climate-risks","tag-coal-en","tag-development-scenarios-en","tag-industrial-sector","tag-sustainable-development-en","targets-industrial-world","targets-research","news_tipologie-notizie-en"],"acf":{"order_posts":"","dont_show_search":false,"related_posts":false,"dont_show_hompage":false,"show_on_slider":false,"single_post_data":{"titolo_spot":"","post_content":"

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RSE has published the scientific article \u201cCountry-Differentiated Social Cost of Carbon for an Equitable Carbon Pricing Benchmark\u201d<\/i> in the international journal Climate<\/i>, authored by Giulio Mela and Andrea Molocchi. The study addresses on of the most debated issues in international climate governance: how to reconcile the effectiveness of carbon pricing based on the social cost of carbon with the equity principles recognised under the United Nations Framework Convention on Climate Change (UNFCCC), particularly the principle of Common but Differentiated Responsibilities and Respective Capabilities (CBDR-RC).<\/span><\/p>\n

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The article, developed within the Italian Research Fund for the Electrical System by researchers from RSE\u2019s Sustainable Development and Energy Sources Department, does not propose specific climate policy measures nor does it provide prescriptive recommendations for governments. Its contribution is primarily scientific and methodological: it develops an analytical framework that enables a transparent assessment of the implications of different approaches to equity in determining carbon price levels across countries with different income levels and different historical responsibilities for CO\u2082 emissions.<\/p>\n

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The study combines an empirical analysis of carbon pricing policies implemented worldwide between 1992 and 2024 with the development of theoretical models that translate a global Social Cost of Carbon into country-differentiated benchmarks. The objective is not to determine what the carbon price should be in each country, but rather to provide policymakers with an information framework that helps them understand the advantages, limits and implications of different options for integrating equity considerations into effective carbon pricing policies. Attention is devoted to comparing different criteria for allocating the burden of effective carbon pricing among nations, based on the UN principles of economic capability and historical responsibility for emissions.<\/p>\n

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Through simple and transparent mathematical formulations, relying on internationally available economic and emissions data, the study shows how different interpretations of equity can lead to different country-differentiated benchmarks consistent with the Social Cost of Carbon. The added value of the research lies in providing a rigorous knowledge base for the international debate, helping to make explicit the normative assumptions underlying possible climate cooperation frameworks on carbon pricing. In this way, the study aims to support a more informed dialogue among governments and international institutions, facilitating greater consensus and cooperation in global climate change mitigation policies.<\/p>\n

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