3 ms·
> apolitical I don't believe this is possible for something as wide-ranging as the effects of increased climate change. Every paper that attempt these estimat
by smallnamespace 7y ago
> apolitical
I don't believe this is possible for something as wide-ranging as the effects of increased climate change.
Every paper that attempt these estimates use a 'local' projection of (predicted change) * (current prices to mitigate those changes).
But even ignoring the huge error bars around the scale of changes we'll see, the large-scale changes that reach across all of society will also change all the prices as well; not to mention it's not easy to predict far future prices anyway.
This also ignores the fact that the marginal impact of a ton of CO2 in the future depends on how much CO2 is then in the air, which means you're now in the realm of predicting what current politicians will do ... which is inherently political, since it'll make some people look good or bad.