Equity Matters in Calculating the Social Cost of Methane Say Anthoff and Errickson

ERG Professor David Anthoff and alumnus Frank Errickson recently published a report on Nature finding that “by accounting for economic inequalities between countries and regions, the social cost of methane drops by almost a factor of 10 in sub-Saharan Africa and jumps by almost a factor of 10 for industrialized countries, such as the United States.” “President Biden’s action represents a much-needed return of science-based policy in the United States,” Anthoff states. “Devastating weather events and wildfires have become more common, and the costs of climate impacts are mounting.” Read Anthoff and Errickson’s full feature in the UC Berkeley Rausser College of Natural Resources’ page here.