Uncertainties in Climate and Weather Extremes Increase the Cost of Carbon

Uncertainty is not our friend

Abstract:

Climate change has myriad physical and economic impacts. Even those that can be easily quantified indicate the need for ambitious climate action. Other climate impacts have yet to be quantified. We argue here that uncertainties in climate and weather extremes only further increase the social cost of carbon emissions.

Full text: “Uncertainties in Climate and Weather Extremes Increase the Cost of Carbon” (PDF)

Citation:

Proistosescu, Cristian and Gernot Wagner. “Uncertainties in Climate and Weather Extremes Increase the Cost of Carbon,” One Earth 2(6): pp. 515-7 (19 June 2020), doi.org/10.1016/j.oneear.2020.06.002

Up Next

Availability of risky geoengineering can make an ambitious climate mitigation agreement more likely

A simple model of climate negotiations shows how the mere threat of risky geoengineering might help induce a high-mitigation agreement.

More Academics

Keep in touch.