Unbridled alarmism: No, our current trajectory is about 4°C, not 6°C No, 4°C is not the end-of-the-world, it is a problem, equivalent to reducing average income by about 3-4% in 2100 (when OECD will be 200-500% as rich as today and Africa 300-2,200% richer)https://twitter.com/ClimateBen/status/1151540563323305985 …
Nordhaus (and many others) do this calculation. That's what the percent in https://twitter.com/BjornLomborg/status/1152146802721906690 … You can see his paper here: https://doi.org/10.1257/pol.20170046 … And result in graphic attached, total cost: $134/4491=3%pic.twitter.com/BuZh52diLG
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So $134 trillion in damages under those assumptions. A massive cost. And who will pay? Not sure Nordhaus's model gets into those weeds.
Kiitos. Käytämme tätä aikajanasi parantamiseen. KumoaKumoa
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