Disutility of climate change damages may warrant much stricter climate targets

Disutility of climate change damages may warrant much stricter climate targets

Cost-benefit integrated assessment models (IAMs) inform the policy deliberation process by determining cost-optimal greenhouse gas emission reduction pathways based on economic considerations. These models seek to maximise economic utility and treat estimates of climate impacts (damages) and mitigat...

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Bibliographic Details
Main Authors: Shridhar Kulkarni, Andries Hof, Kaj-Ivar van der Wijst, Detlef van Vuuren
Format: Article
Language:English
Published: IOP Publishing 2024-01-01
Series:Environmental Research Communications
Subjects:
climate mitigation
integrated assessment modelling
climate impact damage costs
cost-optimal pathways
loss aversion
Online Access:https://doi.org/10.1088/2515-7620/ad2111

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