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Yep, but the model I referred to (DICE) had been developed by him (and others) over many years - unsurprisingly, since it's what he won the prize for. More tho
by flooow 3y ago
Yep, but the model I referred to (DICE) had been developed by him (and others) over many years - unsurprisingly, since it's what he won the prize for.
More thorough critique: https://mahb.stanford.edu/wp-content/uploads/2021/07/The_appallingly_bad_neoclassical_economics_of_clim-1.pdf https://mahb.stanford.edu/wp-content/uploads/2021/07/The_app...
- listenallyall 3y agoQuite likely his work over the decades is consistent and builds upon itself, but your initial declaration was rather misleading, he did not win a Nobel Prize for declaring that a 6C increase in temps will result in an 8.5% decline in GDP. Anyway, they gave a Nobel to Al Gore who made some pretty wacky claims that have failed to materialize, so it's not like the Nobel Committee has a spotless track record.