Economic aspects of global warming in a post-Copenhagen environment

By William Nordhaus. Proceedings of the National Academy of Sciences of the United States of America, 2010

627 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Global and Planetary Change, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/33a457d270a5cbcd5d774f3d6ad415bd6bad7a0c

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Citations in the corpus

Modelling complex systems of heterogeneous agents to better design sustainability transitions policy (2015, background): “Lower complexity does not mean better science, and simplifications can, in some cases (e.g. as with Nordhaus, 2010) lead to potentially plainly incorrect conclusions (its single sector/good representation of the economy excludes many important effects such as spill-overs and multipliers).”
A Third Wave in the Economics of Climate Change (2015, methodology): “Nevertheless, their extensions, such as ENTICE (Popp 2004), FEEM-RICE, Dietz and Stern (2015) and PAGE09, as well as more recent POMs, such as WITCH and REMIND, include endogenous technological change.”
Estimating the social cost of non-CO2 GHG emissions: Methane and nitrous oxide (2012, background): “…in terms of updating the integrated assessment models to reflect progress in our understanding of the physical impacts and economic damages from climate change, and exploring the sensitivity of SCCO2 estimates to important modeling assumptions (Nordhaus (2010), Narita et al. (2010), Hope (2009)).”
How does carbon dioxide emission change with the economic development? Statistical experiences from 132 countries (2013, background): “The advantages of the structural models lie in that they provide a relatively complete description of the system being examined, and can allow researchers to perform various shock simulations and scenario analyses (Nordhaus, 2010).”
The appallingly bad neoclassical economics of climate change (2020, neutral): “Nordhaus and Mo ﬀ at (2017) does not provide details of this paper, or any other paper they uncovered, but I presume it is (Nordhaus, 2010), given the date, and the fact that the temperature and damages estimates given in it – a 3.4°C increase in temperature causing a 2.8% fall in GDP – are…”
Quantifying the economic risks of climate change (2017, methodology): “processes: thermal expansion, melt from glaciers and small ice caps, Greenland Ice Sheet melt, and Antarctic Ice Sheet melt, each parameterized in accordance with the IPCC Fourth Assessment Report (Nordhaus, 2010).”
On the spatial economic impact of global warming (2015, neutral): “Desmet also acknowledges financial support from the Spanish Ministry of Science and Innovation under grant ECO2011-27014.”
The problem of the commons: still unsettled after 100 years. (2010, neutral): “Estimates of economic impacts of unrestrained climate change vary, with most falling in the range of 1 to 3% of world GDP per year by the middle of the current century (with large regional differences), assuming 4 o C warming (Parry et al. 2007; Nordhaus 2010a).”
Modelling innovation and the macroeconomics of low-carbon transitions: theory, perspectives and practical use (2019, background): “Significant debate exists on strategies for achieving an efficient and cost-effective sustainable energy transition (Edenhofer et al., 2010; IPCC, 2014b; Kriegler et al., 2014; Nordhaus, 2010; Nordhaus, 2015; Rogelj et al., 2015; Rogelj et al., 2018; Stern, 2007).”
What Do We Learn from the Weather? The New Climate-Economy Literature (2014, neutral): “Current examples include the DICE/RICE models (Nordhaus and Yang 1996; Nordhaus and Boyer 2000; Nordhaus 2010; Nordhaus and Sztorc 2013), the PAGE model (Hope, Anderson, and Wenman 1993; Hope 2006), and the FUND model (Tol 1999; Tol 2013) among others.”