The Social Cost of Carbon
Carbon pricing is likely to take on growing significance in the coming decade as investors, consumers, and regulators increasingly require business leaders to incorporate the cost of carbon into their decision making. Less clear is the appropriate price to place on carbon.
This webinar will apply sound reasoning in estimating the social cost of carbon, which should be a benchmark for setting carbon prices. The tools of decision analysis are particularly useful in understanding drivers of the social cost of carbon and the uncertainty associated with this estimate.
Eric Bickel is Professor and Director of the Graduate Program in Operations Research & Industrial Engineering at The University of Texas at Austin. His research interests include the theory and practice of decision making under uncertainty and its application to business strategy and public policy. Outside of his work in academia, Eric leads strategy engagements for clients in oil & gas and power; he is a partner and member of the board of directors of management consulting firm Strategic Decisions Group.
Carl Spetzler is an author, speaker, and consultant with more than 40 years of experience working with top management and boards to make value-creating strategic decisions in the face of uncertainty. He is a co-author of Decision Quality: Value Creation from Better Business Decisions (Wiley, 2016). Carl is chairman and CEO of management consulting firm Strategic Decisions Group.
Original Webinar Date: November 11, 2020