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About Quantifying Economic Damages From Climate Change: Maximilian Auffhammer
This document summarizes an article that discusses quantifying the economic damages from climate change. It begins by outlining the scientific consensus on climate change impacts and projections. It then notes that while climate science has received significant funding, quantifying economic impacts has received less support. The document outlines how economists estimate the "social cost of carbon" using integrated assessment models to map climate impacts to economic damages over centuries. It reviews the evolution of social cost of carbon estimates used in US federal rulemaking from 2008-2018 under Bush and Obama administrations.
Detailed Information
Author: | ['Rajesh MK'] |
---|---|
Publication Year: | 2019 |
Pages: | 20 |
Language: | English |
Format: | |
Price: | FREE |
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