Climate Change Policy: What Do the Models Tell Us?
Very little. A plethora of integrated assessment models (IAMs) have been constructed and used to estimate the social cost of carbon (SCC) and evaluate alternative abatement policies. These models have crucial flaws that make them close to useless as tools for policy analysis: certain inputs (e.g., t...
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| Format: | Article |
| Language: | en_US |
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American Economic Association
2014
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| Online Access: | http://hdl.handle.net/1721.1/88036 https://orcid.org/0000-0001-8296-9875 |