Arbeitspapier
The uncertainty about the total economic impact of climate change
This paper uses a vote-counting procedure to estimate the probability density function of the total economic impact as a parabolic function of global warming. There is a wide range of uncertainty about the impact of climate change up to 3 °C, and the information becomes progressively more diffuse beyond that. Warming greater than 3 °C most likely has net negative impacts, and warming greater than 7 °C may lead to a total welfare loss. The expected value of the social cost of carbon is about $29/tC in 2015 and rises at roughly 2% per year.
- Sprache
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Englisch
- Erschienen in
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Series: ESRI Working Paper ; No. 382
- Klassifikation
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Wirtschaft
- Thema
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climate change
economic impact
meta-analysis
social cost of carbon
- Ereignis
-
Geistige Schöpfung
- (wer)
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Tol, Richard S. J.
- Ereignis
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Veröffentlichung
- (wer)
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The Economic and Social Research Institute (ESRI)
- (wo)
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Dublin
- (wann)
-
2011
- Handle
- Letzte Aktualisierung
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20.09.2024, 08:21 MESZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Tol, Richard S. J.
- The Economic and Social Research Institute (ESRI)
Entstanden
- 2011