Quote:
Originally Posted by Tinordi
Quick sidebar:
The Government of Canada uses two SCC estimates. The 'central' estimate is the average of three prominent climate cost models (DICE the most famous).. They also use the '95th percentile' estimate which has higher weighting to the fat tail type catastrophic risks.
Central estimate is $40 per tonne, 95th is $165 per tonne.
http://ec.gc.ca/cc/default.asp?lang=...779-1#SCC-Sec1
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I still don't get why "the" number isn't the central. On what basis are you stating that $120 is the "true" number?